The process of comparing the amounts in the Cash account in the general ledger to the amounts appearing on the bank statement. The objective is to be certain that there is consistency between the amou [..]

Definition The process of adjusting an account balance reported by a bank to reflect transactions that have occurred since the reporting date.

A process by which an accountant determines whether and why there is a difference between the balance shown on the bank statement and the balance of the cash account in the firm’s GENERAL LEDGER. [..]

A cross-check that ensures the amounts recorded in the cashbook match the relevant bank statements.

Analysis that accounts for the difference between the balance shown on the bank statement and the balance shown in the accounting records on a given date.

Checking to make sure that the balance on your bank statement matches the balance in your accounts.

Is a basic but essential control process to ensure that accurate accounting occurs for all school transactions. It is done by matching the transaction records (on a bank statement) kept by the bank against the records kept by the school. Behaviour support The educational support a student receives from the school in order to learn and maintain iden [..]

The agreement of a bank account balance as per the nominal ledger to the bank statement – adjusting for items seen as outstanding such as cheques and receipts.

a statement accounting for the differences between the balance shown on the bank statement and the balance shown in the corresponding general ledger bank account at a given date.