How to Prepare a Bank Reconciliation Statement in a Company. Bank reconciliations can help a company to verify that its bank account ending balance per the bank matches the balance on hand per the ...

Performing a monthly bank reconciliation is critical to managing personal finances. When your records and the bank's don't match, you'll need to investigate.

A bank reconciliation statement is a summary of banking activity, supplied so that accountholders can check for errors or omissions in their internal records.