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  2. What is a bank reconciliation statement? - AOL

    www.aol.com/finance/bank-reconciliation...

    A bank reconciliation statement is important in managing your busines finances. This document can help ensure that your bank account has a sufficient balance to cover company expenses.

  3. Bank reconciliation - Wikipedia

    en.wikipedia.org/wiki/Bank_reconciliation

    A bank reconciliation statement is a statement prepared by the entity as part of the reconciliation process which sets out the entries which have caused the difference between the two balances. For example, it would list outstanding cheques (ie., issued cheques that have still not been presented at the bank for payment).

  4. Reconciliation (accounting) - Wikipedia

    en.wikipedia.org/wiki/Reconciliation_(Accounting)

    Reconciliation in accounting is not only important for businesses, but may also be convenient for households and individuals. It is prudent to reconcile credit card accounts and checkbooks on a regular basis, for example. This is done by comparing debit card receipts or check copies with a person's bank statements. Benefits of reconciling:

  5. Balance sheet - Wikipedia

    en.wikipedia.org/wiki/Balance_sheet

    A balance sheet is often described as a "snapshot of a company's financial condition". [1] It is the summary of each and every financial statement of an organization. Of the four basic financial statements, the balance sheet is the only statement which applies to a single point in time of a business's calendar year. [2]

  6. Bank statement - Wikipedia

    en.wikipedia.org/wiki/Bank_statement

    Bank statements for accounts with small transaction volumes, such as investments or savings accounts, may be produced less frequently. Depending on the financial institution, bank statements may also include certain features such as the canceled cheques (or their images) that cleared through the account during the statement period. Paper ...

  7. Quicken Interchange Format - Wikipedia

    en.wikipedia.org/wiki/Quicken_Interchange_Format

    The inability to reconcile imported transactions against the current account information is one of the primary shortcomings of QIF. [ citation needed ] Most personal money management software, such as Microsoft Money , GnuCash and Quicken's low end products (e.g. Quicken Personal and Quicken Personal Plus), [ 1 ] can read QIF files to import ...

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