Adjusting one's checkbook balance to match a bank statement.

Use reconciliation in a sentence

The team of accountants worked overtime during the month's end as the bank reconciliation needed to be performed urgently and perfectly.

​ Was this Helpful? YES  NO 6 people found this helpful.

Reconciliation of asset accounts is a mandatory monthly, quarterly, and annual closing procedure for all personal, business, and government entities.

​ Was this Helpful? YES  NO 10 people found this helpful.

Some account temps were brought in to help with the month end reconciliations. They needed to balance the bank account for month to month, accounting for all transactions.

​ Was this Helpful? YES  NO 9 people found this helpful.

Show more usage examples...

Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
1120 Form Schedule M-3 1120-PC Form Schedule M-3