Communiquez avec les autres et partagez vos connaissances professionnelles

Inscrivez-vous ou connectez-vous pour rejoindre votre communauté professionnelle.

Suivre

HELPFUL Question for me and others>> what's the Most Tricks you face to reconcile GL and how did You solve it??

<p>to close a month Accounts or at year end you face undetectable situation...right?! tell us some</p>

user-image
Question ajoutée par Ali Mohamed , Chief Accountant , Rowad Marketing L.L.C
Date de publication: 2014/11/12
Nasteho Khaireh
par Nasteho Khaireh , COMPTABLE , ISOTHERMA

Account reconciliation, defined as the process of assuring that bank statements equal what a company expects from their internal accounting statements, is required with every business that keeps financial statements. To explain simply, account reconciliations are making sure a checkbook balance matches bank statements. Taken to the next level, account reconciliation best practices include collecting relevant account data like invoices, checking account balances, correcting these balances, finding discrepancies, controlling policy to prevent discrepancies, and more. Account reconciliation procedures can be simple or extremely complex depending on the size and scope of a company.

More Questions Like This