What Is the Meaning of a Reconciliation Statement?

Answer A reconciliation statement is a form that resolves and explains any differences that may occur between your monthly bank statement and your own financial records. If done correctly, it should give ... Read More »

Top Q&A For: What Is the Meaning of a Reconciliation Statement

What is a bank reconciliation statement?

Checking accounts are a type of account held at a bank or credit union that allows you to access money through the use of paper checks that businesses or other individuals can deposit or turn into ... Read More »

What is an annual reconciliation statement?

Annual reconciliation statements have several applications. A typical one is a form that the California Employment Development Department provides to employers to give an accounting of all unemploy... Read More »

Bank Reconciliation Statement Rules?

When you receive your monthly bank statement, you must reconcile it as soon as possible to your check register according to basic reconciliation rules. Your check register serves as the record for ... Read More »

What is the purpose of a bank reconciliation statement?

A bank reconciliation statement, or bank statement, is a monthly record sent to each account holder from a bank or other institution. Traditionally sent through the mail, many larger banks now offe... Read More »