Bank reconciliation: Difference between revisions

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''Accounting''.  
''Accounting''.  


A quantified explanation of the difference between:
A quantified explanation of the difference between:
Line 6: Line 7:


2. The bank statement balance.
2. The bank statement balance.


Sometimes abbreviated to 'bank rec'.
Sometimes abbreviated to 'bank rec'.


== See also ==
== See also ==
* [[Reconciliation]]
* [[Reconciliation]]

Revision as of 12:00, 6 May 2016

Accounting.


A quantified explanation of the difference between:

1. A bank account balance in the customer's accounting records; and

2. The bank statement balance.


Sometimes abbreviated to 'bank rec'.


See also