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  2. What is a bank reconciliation statement? - AOL

    www.aol.com/finance/bank-reconciliation...

    Check your ledger’s recorded deposits, withdrawals and cleared checks against those listed on the bank statement. Ensure all of the amounts match and investigate any discrepancies.

  3. Plug (accounting) - Wikipedia

    en.wikipedia.org/wiki/Plug_(accounting)

    The most basic definition of a plug may be "a placeholder number which is used in an overall cost or budget estimate until a more accurate figure can be obtained".

  4. Bank reconciliation - Wikipedia

    en.wikipedia.org/wiki/Bank_reconciliation

    In bookkeeping, a bank reconciliation or Bank Reconciliation Statement (BRS) is the process by which the bank account balance in an entity’s books of account is reconciled to the balance reported by the financial institution in the most recent bank statement. Any difference between the two figures needs to be examined and, if appropriate ...

  5. Credit card reconciliation: How business owners can ... - AOL

    www.aol.com/credit-card-reconciliation-business...

    Reconciling discrepancies: Automated reconciliation systems can reconcile discrepancies quickly and accurately. This can save time and prevent errors. ‍ This can save time and prevent errors ...

  6. Reconciliation (accounting) - Wikipedia

    en.wikipedia.org/wiki/Reconciliation_(Accounting)

    Reconciliation in accounting is not only important for businesses, but may also be convenient for households and individuals. It is prudent to reconcile credit card accounts and checkbooks on a regular basis, for example. This is done by comparing debit card receipts or check copies with a person's bank statements. Benefits of reconciling:

  7. QuickBooks - Wikipedia

    en.wikipedia.org/wiki/QuickBooks

    QuickBooks is an accounting software package developed and marketed by Intuit. First introduced in 1992, QuickBooks products are geared mainly toward small and medium-sized businesses and offer on-premises accounting applications as well as cloud-based versions that accept business payments, manage and pay bills, and payroll functions.

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