Module 9: Bank reconciliation
Matching the bank statement to the books and recording only the right adjustments.
1. Bank reconciliation basics
Why the bank balance and book balance differ, and the two-column method that brings them together.
About 8 minutes · 2 practice sets · Free
2. Matching bank and book transactions
Tick off matching items, handle split deposits, and isolate the real differences.
About 8 minutes · 2 practice sets · Free
3. Recording book adjustments
Journalize fees, interest, NSF checks, collections, and book errors found during reconciliation.
About 8 minutes · 2 practice sets · Free
4. Bank errors and difficult reconciliations
Handle bank errors, multiple outstanding items, and reconciliations that do not balance on the first pass.
About 8 minutes · 3 practice sets · Pro practice