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Bank Reconciliation Documentation Table of Contents MCCJ v4.2 Changes ......................................................................................................................................................
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Bank reconciliation documentation is a process of comparing the transactions recorded in a company's accounting records to those shown on the bank statement to ensure they match.
Companies and organizations that maintain bank accounts are required to file bank reconciliation documentation.
To fill out bank reconciliation documentation, one needs to compare the transactions in the accounting records with those on the bank statement, identify any differences, and make necessary adjustments.
The purpose of bank reconciliation documentation is to ensure the accuracy of financial records by reconciling the accounting records with bank statements.
Bank reconciliation documentation should include all transactions recorded in the accounting records, any outstanding checks or deposits, and any bank errors or discrepancies.
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