Portions of this article were drafted using an in-house natural language generation platform. The article was reviewed, fact-checked and edited by our editorial staff. A bank reconciliation statement ...

Reconciling your bank transactions to your business book is essential to the financial health of your company. However, if you’ve never reconciled your company’s transactions before, the process can ...

I enjoyed the article “Double-Teaming in Excel” ( JofA , Nov.05, page 83 ). VLOOKUP is so versatile; I have used it to reconcile outstanding checks each month. I download the checks that were paid for ...

Every small business owner has a large number of things they have to handle, from production to advertising and, of course, managing their finances. Managing your finances is crucial for your business ...

Account reconciliation is a critical process in financial accounting where internal records are compared with external documents to ensure consistency and accuracy. It helps verify that all ...

A transaction is authorised. A balance moves. A confirmation appears. To the customer, everything looks fine. Inside the bank, however, something does not quite line up. A timing mismatch. A ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. FSS Reconciliation Suite provides an integrated solution that enables ...