- 1) A procedure for confirming that the balance in a chequebook matches the corresponding bank statement. This is normally done by preparing a bank reconciliation statement2) A procedure for confirming the reliability of a company's accounting records by regularly comparing balances of transactions. An account reconciliation may be prepared on a daily, monthly, or annual basis.
Accounting dictionary. 2014.
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account reconciliation — 1) A procedure for confirming that the balance in a chequebook matches the corresponding bank statement This is normally done by preparing a bank reconciliation statement 2) A procedure for confirming the reliability of a company s accounting… … Big dictionary of business and management
account reconciliation — The reviewing and adjusting of the balance in a personal checkbook to match your bank statement. Bloomberg Financial Dictionary … Financial and business terms
account reconciliation — Fin 1. a procedure for ensuring the reliability of accounting records by comparing balances of transactions 2. a procedure for comparing the register of a checkbook with an associated bank statement … The ultimate business dictionary
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reconciliation — See: account reconciliation, bank reconciliation statement … Accounting dictionary
reconciliation — See account reconciliation; bank reconciliation statement … Big dictionary of business and management
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Account aggregation — is a method that involves compiling information from different accounts, which may include bank accounts, credit card accounts, investment accounts, and other consumer or business accounts, into a single place. This may include a database or may… … Wikipedia
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