- This topic has 1 reply, 2 voices, and was last updated 10 years ago by
.
Viewing 2 posts - 1 through 2 (of 2 total)
- Posts
Bank reconciliations contain unreconciled differences means ?
Can you give an exampleAn unreconciled difference is simply that after preparing the bank reconciliation the balances still do not match and there is still a difference.
That must mean that there is still an error in either the bank statement or (more likely) in the cash account that has not yet been found – so in practice it means going back and rechecking everything until it has been found.
Viewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.