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Bottom line. A bank reconciliation statement is important in managing your busines finances.This document can help ensure that your bank account has a sufficient balance to cover company expenses.
In accounting, reconciliation is the process of ensuring that two sets of records (usually the balances of two accounts) are in agreement. It is a general practice for businesses to create their balance sheet at the end of the financial year as it denotes the state of finances for that period.
A bank reconciliation statement is a statement prepared by the entity as part of the reconciliation process which sets out the entries which have caused the difference between the two balances. For example, it would list outstanding cheques (ie., issued cheques that have still not been presented at the bank for payment).
The financial report is produced as a Microsoft Word or Microsoft Excel document, and a "Tagging Program" is used to add the XBRL concept metadata and to export the document as Inline XBRL. With large and complex financial statements, a single iXBRL file may be too large for a web browser to handle.
iDempiere. Community Powered Enterprise, also known as OSGi + ADempiere, is an open source enterprise resource planning (ERP) software that is fully navigable on PCs, tablets and smartphones, it also has customer relationship management (CRM) and supply chain management (SCM) functions.
A fodder factory set up by an individual farmer to produce customised cattle feed. Fodder (/ ˈ f ɒ d ər /), also called provender (/ ˈ p r ɒ v ən d ər /), is any agricultural foodstuff used specifically to feed domesticated livestock, such as cattle, rabbits, sheep, horses, chickens and pigs.
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