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What’s a bank reconciliation?

Bank reconciliation
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What’s a bank reconciliation?

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It’s what you do when you check your bank statements against your invoices and receipts to make sure the money has come into or gone out of your account when it should have. It’s one of those irritating, time-consuming tasks that you really ought to do but often don’t. We do it all the time and get paid for it, whereas you could probably use your time better doing something else.

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