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When do you think is bank reconciliation statement prepared?

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تم إضافة السؤال من قبل Majid Wangade , Senior Accountant , KANTOUR LIMITED COMPANY ( Real Estate, Construction and Asset Management )
تاريخ النشر: 2016/11/27
Ashraf E. Mahmoud (PhD)
من قبل Ashraf E. Mahmoud (PhD) , University Lecturer, Freelancer Consultant and Trainer for Int'l Business & Banking TF. , FreeLancer

Thanks for invitation,

Bank reconciliation statement  has to be prepared maximum on a monthly basis.

 

Khaliq Raza MBA   MS   CFE  AFA
من قبل Khaliq Raza MBA MS CFE AFA , Finance Manager , Vertex Trading

The most common practice of reconciliation is monthly basis. As there is no hard and fast rule for reconciliation time. We can prepare reconciliation whenever we want or management requirement. Thanks

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