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Tag: bank account reconciliation

Reconciliation

April 27, 2015 by: Content Team

Reconciliation is an accounting term that refers to keeping financial or other records in balance, in agreement, and accurate. The reconciliation method is often used in maintaining business records to ensure that the amount of money going out matches what is recorded as spent. Reconciliation also applies to personal financial records, as it is used to balance the family checkbook. […]

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