Glossary

What is a bank reconciliation?

Bank reconciliation consists of comparing the bank account balance in accounting with the bank statement to identify differences.

Objectives

  • Detect missing entries (uncashed checks, pending transfers)
  • Identify data entry errors
  • Ensure the reliability of cash

It should be performed regularly (ideally every month).

To learn more:

Back to FAQ
Contact

Get in touch with us

Address
Ali Mendjeli, Constantine, Algeria
Phone
+213 770 78 72 85
+213 770 78 72 05
+213 770 78 71 58
+213 770 78 90 44
Working hours
Saturday – Thursday: 8:30 AM – 4:30 PM

Contact form

— Select a department —
— Select a department —
Sales
Technical support
Research & Development
Human resources
Management