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How do i start bank reconciliation?

I'm a fresh graduate just gotten a job in the finance department of an Oil servicing company.

Asked By: ene_mercy - 10/27/2008
Best Answer - Chosen by Asker
A general format for a bank reconciliation starts with the balance per the bank statement. To that balance, you add deposits in transit (deposits booked but not yet credited on the bank statement). You would also add back the bank charges per the bank statement that you have not yet booked. You would then subtract... More
Answered By: Tom Z - 10/27/2008
Additional Answers (1)
You would have 2 balance... More
Answered By: sengann - 10/27/2008
 
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