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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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved


In appraisal, the process of considering values calculated from the various appraisal methods and weighting the strength to be given to each approach in order to arrive at a final value for the property.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
He said that the Energy Department should reconcile all outstnding electricity bills, including that of Karachi Water and Sewerage Board, autonomous and semi-autonomous organisations and district municipal corporations, and thereafter make payments to KE.
Recently, the jihadist rebels in Idlib began an operation to arrest government sympathizers and people willing to reconcile with the state.
'We own Oando and make it mandatory on the board to resist any attempt to reconcile Volpi with our company while he has a case of fraud with the Italian authorities,' said the statement.
But after phone calls,the lawyer could not be allowed in leaving others to wonder if the handshake between the two leaders was indeed to reconcile Kenyans.
"Within those bounds, we are fully willing and happy to reconcile with BBQ."
He explained it this way: "People who have committed grave injustices against other people learn that the offended too often will not forgive nor reconcile. The injustice is too great to handle.
He cited previous initiatives taken by late John Garang de Mabior, the founding leader of the SPLM, who after a disagreement in 1983 at the inception of the movement with some leaders in Anyanya two, managed to reconcile the SPLM with Anyanya two in 1987 and unified the forces.
Read: ( Kim Kardashian, Kanye West Reconcile With ( Jay Z ( , BeyoncAaAaAeA@ At Blue Ivy's Birthday Bas
ECHO readers were divided on the proposed radical revamp but cabinet member for parks Cllr Steve Munby said it was "difficult to reconcile" the proposals with the historic buildings at the site.
Rather than wasting time attempting to reconcile low dollar values, team members should work on other accounts or activities.
By focusing on what all sicknesses have in common, one can attempt to attack and reconcile that gas situation and mineralization issues.