account reconciliation

Definition

The act of confirming that the balance in one's checkbook matches the corresponding bank statement.

Reproduction of all or part of this glossary and/or this page, in any format, without written consent is prohibited. If you have questions about this dictionary please feel free to contact us feedback\@\investorguide.com

Related Terms

checking account - More

overdraft protection - More

checkbook register - More

Popular 'Accounting' Terms

current ratio
equity
working capital
asset
EBITDA

revenue
net income
negotiable
net profit
net worth

account reconciliation in the news

Enter your email address to get our free Term of the Day newsletter!

Tools

account reconciliation is ...

... part of the Accounting, Banking and Investor Relations subjects.

Nearby Terms

accommodative monetary policy
account
account aggregation
account balance
account executive
account reconciliation
account statement
account value
accountant
accountant's letter
accountant's opinion