What does reconcile an account mean?

Answer An account reconciliation is when an account balance is matched to an outside number. Differences may arise from timing differences, unexpected transactions or errors on either side. Bank account r... Read More »

Top Q&A For: What does reconcile an account mean

What does reconcile mean on a BlackBerry?

A BlackBerry device is able to automatically reconcile emails--in other words, correlate whether they have been read, deleted or sent--between your handheld device and computer.SignificanceThe reco... Read More »

How to Reconcile a General Ledger Account?

Good accounting controls means knowing what's in your balance sheet. If you don't reconcile your accounts on a regular basis you can't be sure if your financial statements are correct. Follow these... Read More »

How do I reconcile a checking account register?

TransactionsRecord all transactions. All transactions should be recorded as they occur. Don't forget to include transactions such as ATM withdrawals, debit card purchases and automated monthly paym... Read More »

How Do I Reconcile a Cancelled Check on My Bank Account?

At times banks make mistakes on their accounts or consumers may make mistakes tracking their accounts. In order to find and correct these mistakes, a person with a bank account should perform a ban... Read More »