Reckoner Reports User Guide
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Bank Reconciliation Statement

Every month bank sends a “Bank Statement” to company which is having all details the transactions done by the company with that particular bank. Bank reconciliation is a process that explains the difference between the bank balance shown in an organization's bank statement, as supplied by the bank, and the corresponding amount shown in the organization's own accounting records at a particular point in time
 
(Path: Finance Finance Reconciliation Bank Reconciliation Statement)