Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,889,197,409 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Account Reconciliation

   Also found in: Dictionary/thesaurus, Legal, Wikipedia 0.01 sec.
Account reconciliation
The reviewing and adjusting of the balance in a personal checkbook to match your bank statement.

Account Reconciliation
The process of ensuring that one's personal records of transactions on a bank account matches the bank statement one receives each month or quarter. That is, each time one writes a check, uses a debit card, or otherwise makes a withdrawal from or deposit into a bank account, one keeps a record of the transaction. Account reconciliation involves making sure that these records match the bank's of the same transactions. Account reconciliation helps avoid, or at least remedy, such problems as identity theft and bank errors.


Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Feedback
Add definition
Mentioned in?  References in periodicals archive?   Financial browser?   Full browser?
 
He added that she was a controller at a related British company, and had business responsibilities for account reconciliation within the company's Investment Advisory Business.
Byline: Dubai Spinneys Dubai has become the first organisation in the UAE to implement Standard Chartered's 'Straight2bank' Access -- a fully integrated end-to-end connectivity platform providing robust payment, information and account reconciliation system.
EziPay also provides automated reports which help to simplify account reconciliation processes and free up resources for more important duties such as growing the business instead of dealing with paperwork.
 
 
 
Financial Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.