AGS Transact Technologies Reconciliation Executive Interview Questions and Answers

Bank reconciliation is the process of comparing and matching the balances in a company's bank statement with its own accounting records.

• Bank reconciliation ensures that all transactions recorded by the company are accurately reflected in the bank statement.

• It helps identify any discrepancies or errors in the company's financial records.

• The process involves comparing items such as deposits, withdrawals, and bank fees be...read more