What Is Bank Reconciliation?
Bank reconciliation is the process of comparing your internal financial records with your bank statement to ensure they match. Any differences are identified and resolved.
Why Reconcile?
How Often Should You Reconcile?
Most businesses should reconcile monthly at minimum. High-volume businesses may benefit from weekly reconciliation.
Common Reconciliation Items
Regular reconciliation is a core part of the monthly bookkeeping services provided by Easy Ledger Services.