what is the Definition of reconciliation? / define
reconciliation?
- 4 Answers
- 8783 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / raturivikas
reconciliation means to check the balances of our records
with the records of our client to find out the diffrences
between the two. & also to check the balance of our cash
book with the balance of our bank.
| Is This Answer Correct ? | 20 Yes | 3 No |
Answer / amit chauhan
In Bank reconciliation we checks our cashbook's entries to the bank passbook entries.
| Is This Answer Correct ? | 5 Yes | 0 No |
Answer / kafeel
Word "reconciliation is a broad term.
It simply means to reconcile it two set of record and
identifying deviation from it.
Professionals accounts must track and control thier
reconcilation area for more effective and efficient
transaction of company.
In finance we usuallly reconcile :
1.Bank book with bank statment
2.Physical records with inventory records.
| Is This Answer Correct ? | 7 Yes | 4 No |
Answer / nidhi chaturvedi
Reconciliation means to check and match the cash book's entries to the bank pass book entries.
| Is This Answer Correct ? | 1 Yes | 0 No |
hi to all i have also cleared sbi exam and my interview is on 26th may 2009.can any one help to prepare for interview
My name is Tasha actually I had put my file for Australia PR on basis of Hairdresser, and I have shown my qualification of 10th passed, but I done my B.Com with Accountancy, and presently I am working as Accountant,Now I want to put up my file for Australia Student is it possible, and my age is 36 yrs, I had already given my IELTS (Academic) and I have scored 6 bands, but its period has been expired,please give me some answer what to do next.
Give simple definition on Dual Entity Concept
What are the legal entities that constitute your business? Does a legal entity have a seperate Federal Tax Id? In which country does a legal entity operate? In which currency does a legal entity operate? When does each legal entity's fiscal year begin?
When is a dedit note raised When is an expense booked
what are micro-cap, small-cap, mid-cap, large-cap companies?
how many schedules are there in accounting?
Differece b/t Equity and Prefferece Capital?
Expand----------ACBD
WHO ARE THE PROMOTERS?
• What is BRS, with an example?
7 Answers Accenture, College School Exams Tests, Genpact, Intelenet, Mellon,
what do you mean by Accounts payable
Audit 
