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Bank Reconciliation

  • Riaz Ahmed
Chapter

Abstract

A bank reconciliation is the process by which you match your bank ledger transactions with those in your bank statement and attempt to find any differences between the two. All income transactions appearing on the debit side of your ledger are shown on the credit side of the bank statement. Conversely, all payments that you make are recorded on the credit side of your ledger, and the same transactions are reported on the debit side of the bank statement. This part of the application allows you to identify transactions and perform a reconciliation.

Copyright information

© Riaz Ahmed 2019

Authors and Affiliations

  • Riaz Ahmed
    • 1
  1. 1.KarachiPakistan

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