Portions of this article were drafted using an in-house natural language generation platform. The article was reviewed, fact-checked and edited by our editorial staff. A bank reconciliation statement ...

Do You Add an Accounting Journal Entry for Errors in Bank Reconciliations?. Companies perform bank reconciliations to ensure that their books match the bank's record of their transactions. When... How ...

Making mistakes with your accounting can lead to more than just embarrassing situations when checks bounce or you make collection calls to customers and clients who have already paid you.