A bank reconciliation statement can help you prepare financial statements, spot fraud and ensure you make business decisions rooted in accurate data. Learn more.

Practice Exercises for Bank Reconciliation. Reconciling the bank account is one of the most important bookkeeping functions in a small business. Reconciliation simply means to compare the bank ...

If you have a reconciliation from a previous month, make sure all checks outstanding on the previous reconciliation cleared your bank on the new statement. If they still haven't cleared, add them ...