CHAPTER8

Reconciling Bank and Credit Card Statements

In This Chapter

  • Why you should reconcile
  • Reconciliation step by step
  • Working with automatic reconciliation
  • Reconciling a credit card account
  • Tracking down transpositions
  • When an account won’t reconcile

Reconciling your bank and credit card accounts are some of the most important accounting activities you can perform. And you really can’t reconcile too frequently. You might be surprised how often you can discover transactions—that you haven’t even posted to your accounting records yet—that have affected your bank account already. Keeping a close eye on your bank accounts is one of the best ...

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