Reconciliations, performed in accounting to minimize errors, are basically comparisons of two different reports or documentation. Because the general ledger, or G/L, is made up of accounts, ...

Learn how to reconcile your business’s bank account by comparing your recorded transactions to the bank statements. Then, you can follow up on any errors.

Brian Beers is a digital editor, writer, Emmy-nominated producer, and content expert with 15+ years of experience writing about corporate finance & accounting, fundamental analysis, and investing.

Accounts receivable track payments due from your customers for goods or services you provide. Receivables might have a duration of 30, 60 or 90 days or longer. As a business manager, you need to know ...

Accounting and bookkeeping solutions provider Digits announced the official launch of an AI Bank Reconciliations feature for its Agentic General Ledger solution.