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Bank Reconciliation TrainingUniform Accounting Network Bank Reconciliation Training Table of Contents Exercises Version 20051)UAN Overview2)Bank Reconciliation #13)Bank Reconciliation #24)Bank Reconciliation
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Bank reconciliation training is a process of comparing an organization's internal financial records with the records provided by the bank to ensure accuracy and identify discrepancies.
Any organization that handles financial transactions and maintains a bank account is required to perform and file bank reconciliation training.
To fill out bank reconciliation training, one must compare the organization's cash balance with the bank's cash balance, reconcile any differences, and document the process thoroughly.
The purpose of bank reconciliation training is to ensure the accuracy of an organization's financial records, detect and prevent errors or fraud, and maintain financial control.
Bank reconciliation training must report the organization's cash balance, the bank's cash balance, any outstanding checks or deposits, and any reconciling items.
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