Account Reconciliation: Definition and additional resources from BNET
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BNET Business Dictionary

Business Definition for: Account Reconciliation

  • a procedure for ensuring the reliability of accounting records by comparing balances of transactions
  • a procedure for comparing the register of a checkbook with an associated bank statement

Additional Resources

Movaris Launches Account Reconciliation Application That Eliminates Material Weakness Disclosures Caused by Reconciliation Errors
SAN JOSE, Calif. -- New OneClose Application Delivers the Industry's Only Unified Control Framework for Account Reconciliation, SOX Compliance, and Financial Close
Research articles 2006-08-07
Trintech Introduces AssureNET GL for General Ledger Account Reconciliation & Certification to Support Sarbanes-Oxley Compliance Programs
DALLAS & DUBLIN, Ireland -- Trintech's AssureNET GL for Enterprise Account Reconciliation Increases Workflow Efficiencies and Mitigates Risk by Strengthening Internal Controls across an Enterprise
Tags: compliance, Sarbanes-Oxley compliance
Research articles 2006-01-03
Monthly Bank Reconciliation
If you find yourself spending lots of time every month reconciling your bank statement and still aren't able to nail it down to the penny, our specially designed monthly bank reconciliation form contained in the attached file might be able to help you. It can help make the process far...
Tags: Bank, Financial Services
Tools & templates 2004-03-01
Trintech Introduces AssureNET GL for General Ledger Account Reconciliation & Certification to Support Sarbanes-Oxley Compliance Programs
Dallas, Texas/Dublin, Ireland - 3 January 2006 - Trintech Group Plc (NASDAQ: TTPA), a leading provider of transaction reconciliation and payment infrastructure solutions, today announced the availability of AssureNET GL, an enterprise process management system for general ledger account reconciliation, review and certification. AssureNET GL, designed for companies with high...
Tags: reconciliation, Sarbanes-Oxley Act, Sarbanes-Oxley compliance
Research articles 2006-01-03
ACCURATE SOFTWARE: Accurate provides Bankrec to J.P. MoMorgan to automate financial reconciliation.
M2 PRESSWIRE-1 December 1999-ACCURATE SOFTWARE: Accurate Software provides Bankrec to J.P. Morgan & Co. Incorporated to automate financial reconciliation C1994-99 M2 COMMUNICATIONS LTD RDATE:301199 * Automated reconciliation solution delivered to help enhance global financial firm's Futures and Options operations ...
Tags: FINANCE, financial, J.P. Morgan Chase & Co., reconciliation, Reconciliation, software
Research articles 1999-12-01
Driehaus Capital Management Selects Trintech's ReconNET to Streamline Cash and Trade Transaction Processing; US-based Money Management Firm to Use Trintech's ReconNET to Automate Cash and Investment Trade Reconciliation Processes
DALLAS & DUBLIN, Ireland -- Trintech Group Plc (Nasdaq:TTPA), a leading provider of transaction reconciliation and payment infrastructure solutions, today announced that Driehaus Capital Management has selected Trintech's ReconNET to automate the verification and reconciliation of its cash activity, cash account balances, trade activity, position balances, and foreign exchange trade...
Tags: reconciliation, Streamline, transaction processing
Research articles 2006-03-08
Driehaus Capital Management Selects Trintech's ReconNET to Streamline Cash and Trade Transaction Processing
Dallas, Texas/Dublin, Ireland - 8 March, 2006 - Trintech Group Plc (NASDAQ: TTPA), a leading provider of transaction reconciliation and payment infrastructure solutions, today announced that Driehaus Capital Management has selected Trintech's ReconNET to automate the verification and reconciliation of its cash activity, cash account balances, trade activity, position balances...
Tags: reconciliation, Streamline, transaction processing
Research articles 2006-03-08
The Bombay Company Automates Account Reconciliation with CheckFree RECON-Plus for Windows Software
Business Editors
Tags: CheckFree Corp., Microsoft Windows, software
Research articles 2000-11-09
Circle Trust Company Selects CheckFree RECON Securities for Daily Account Reconciliation
Business Editors
Tags: CheckFree Corp., reconciliation, security
Research articles 2001-07-09
Wachovia Corp.(closes Raleigh, NC, center)(Brief Article)
RALEIGH -- Wachovia Corp. is closing a Raleigh operations center, putting 245 people out of work. The center's duties -- check processing, account reconciliation and statement ... RALEIGH -- Wachovia Corp. is closing a Raleigh operations center, putting 245 people out of work. The center's duties...
Tags: network computer, Wachovia Corp.
Research articles 2000-09-01
SunGard Announces Launch of IMpower Reconciliation Service
Automated Web-based Reconciliation Advances Portfolio Management to Reduce Operational Risks and Costs
Tags: SunGard Data Systems Inc.
Research articles 2007-05-21
Combining Your Plan Assets? Not so Fast!
Prior to the Economic Growth and Tax Relief Reconciliation Act of 2001 EGTRRA, individuals were allowed to roll over an IRA to a qualified-plan account only if those IRA assets originated from a qualified plan and were maintained in a conduit IRA. This helped retirement account owners ensure that their...
Tags: Asset, Investopedia, Taxes, Asset Management, Free Trade, Financial Planning, Finance, Operational Planning, Business Operations
White papers 2003-05-14
Cartesis Delivers Reconciliation Solution for Orange Accountants; Software frees up 400 man-days a year, by enabling faster, more accurate intercompany reconciliation
Business Editors/High-Tech Writers
Tags: Orange PCS, software
Research articles 2003-02-18
Assignment Of Savings Account
A savings account is a balance of funds maintained with a depository institution in order to accumulate money. Transfer and assign a savings account in a bank with this Assignment of Savings Account form. In this template, the party who has set up the savings account the assignor assigns and...
Tags: Savings, FreeBusinessForms.com, Financial Services
Tools & templates 2007-12-01
Reconciliation of the U.S.-Canadian Current Account, 1996 and 1997
ON THE reconciled basis, the U.S.-Canadian current account shows a larger U.S. deficit, or Canadian surplus, than on the U.S.-published basis for both 1996 and 1997. Compared with the Canadian published estimates, however, the reconciled current account shows a smaller U.S. deficit, or Canadian surplus. The U.S.-published current-account balance with...
Tags: adjustment, affiliate, bond, Canada, commission, EARNINGS, earnings, EDUCATION, entertainment, FINANCE, Government, income, insurance, Investment, payment, Reconciliation, Transportation, U.S., U.S. Government, Vessel
Research articles 1998-11-01
Somali reconciliation meeting opens amid tight security
MOGADISHU AFP — A much-delayed Somali reconciliation conference on Sunday opened in Mogadishu amid fears of insurgent attacks and in the absence of the embattled government's main foes. "I urge you to rise above your respective clan and sub-clan politics in order to bring normalcy to our country," conference...
Tags: Agence France-Presse, conference, Government, reconciliation, security, SOFTWARE
Research articles 2007-07-15
Iraq Sunni clerics to boycott reconciliation talks
BAGHDAD AFP — Iraq's leading Sunni clerics' organization will boycott a national reconciliation conference called by Shiite Prime Minister Nuri al-Maliki to end sectarian bloodletting, it has said. The Muslim Scholars' Association said it had not received an invitation to the meeting, which is to be held on December 16....
Tags: Agence France-Presse, conference, Government, Iraq, reconciliation, SOFTWARE
Research articles 2006-12-09
Progress in Iraq security, but reconciliation still elusive: Pentagon
WASHINGTON AFP — US forces have achieved "significant security progress" in Iraq over the past three months, though national reconciliation -- key for an eventual US withdrawal -- remains elusive, a Pentagon report out Tuesday said. The report also says that Iran continues to funnel weapons to Shiite insurgents,...
Tags: Government, Iraq, Pentagon, reconciliation, SECURITY
Research articles 2007-12-18
Account Management - How To Manage Accounts To Maximize Sales
This paper answers the three questions. What is account management? What skills and talents are required to excel in account management? And what activities must be performed to maximize Account Management return on investment? Account management is actually a synonym for account penetration. Just because you have sold one product...
Tags: Account Management, Sales Channel, Sales Force Management, Sales
White papers 2006-01-07
Aristide party leader call for Haiti reconciliation
PORT-AU-PRINCE AFP ? A top official of ex-president Jean Bertrand Aristide's ruling party called for national reconciliation after meeting with Haiti's new premier, but US Marines came under fire again in the capital. "We have to see what we can do to save the country," Senate president Yvon Feuille...
Tags: Agence France-Presse, leader, reconciliation, violence
Research articles 2004-03-12