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, 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
P.F. Chang's Selects Trintech for Account Reconciliation
ReconNET Software Module of Trintech's Unity Platform Automates Daily, Monthly, and Periodic Account Reconciliation DALLAS, DUBLIN and LONDON, Aug. 10 /PRNewswire-FirstCall/ -- Trintech Group Plc , a leading provider of integrated financial governance, risk management and compliance software solutions, announced today that P.F. Chang's has...
Tags: Trintech Group Plc.
Research articles 2009-08-10
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
Commerce Bank selects Checkfree's ARP/SMS to enhance account reconciliation and positive pay services; Best-in-class solution will create additional product offerings, target new customers and leverage existing technology for customer-driven, high-growth
M2 PRESSWIRE-16 April 2007-CheckFree Corp: Commerce Bank selects Checkfree's ARP/SMS to enhance account reconciliation and positive pay services; Best-in-class solution will create additional product offerings, target new customers and leverage existing technology for customer-driven, high-growth companyC1994-2007 M2 COMMUNICATIONS LTD RDATE:16042007 ...
Tags: CheckFree Corp., Commerce Bank N.A.
Research articles 2007-04-16
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
Cole Taylor Bank Chooses Integrated E-Banking/E-Payments/Reconciliation Solution from Fundtech
JERSEY CITY, N.J.--BUSINESS WIRE--Oct. 21, 1999-- Solution Enables Bank to Deliver Full Range of Commercial Services Through a Single Internet Application Fundtech Ltd. (Nasdaq: FNDT) announced today that Cole Taylor Bank, a leading provider of commercial banking services to companies in the Chicago metropolitan area, has selected...
Tags: Cole Taylor Bank, Fundtech Ltd.
Research articles 1999-10-21
Study Shows Dramatic Advantages by Automating and Unifying SOX, Account Reconciliation and Financial Close Activities
Robert Frances Group Report Highlights Efficiency Gains, Reduced Audit Fees and ROI Associated with Automating Office of Finance Processes SAN JOSE, Calif. -- Movaris, the software company that automates and unifies account reconciliations, SOX compliance, financial close and financial reporting processes, today announced the availability of New Strategies to...
Tags: compliance, FINANCE, financial, Movaris, reconciliation, Robert Frances Group
Research articles 2006-10-04
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
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
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
Broker Network to Implement Trintech's ReconNET to Improve Internal Financial Controls and Operating Efficiency; Network of Community Insurance Brokers Selects ReconNET for Cash and Insurance Premium Reconciliation
DALLAS & DUBLIN, Ireland -- Trintech (Nasdaq:TTPA), a leading provider of transaction reconciliation and payment infrastructure solutions, today announced that Broker Network Holdings PLC has selected ReconNET to automate the verification and reconciliation of its central depository account and insurance premium payments between its independent insurance brokers and insurance providers....
Tags: Trintech Group Plc.
Research articles 2005-06-27
Trintech Announces Next-Generation Reconciliation Software Solution — Reconnet Enterprise Security
DALLAS & DUBLIN, Ireland -- Reconnet ES Addresses a Full Range of Enterprise Customer Needs, Including High Performance, Enhanced Security Controls, and Internationalization Trintech Group Plc (Nasdaq:TTPA), a leading provider of transaction reconciliation and payment infrastructure solutions, today announced the release of ReconNET ES, the latest version of its...
Tags: Trintech Group Plc.
Research articles 2005-07-27
Ingrian Networks and Chesapeake System Solutions Team to Deliver Secure Reconciliation Automation and Workflow Management Tools
Ingrian® Networks, Inc., the leading provider of data privacy solutions, and Chesapeake System Solutions, a leading provider of reconciliation, treasury workstation, account analysis and unclaimed property compliance software, today announced a joint partnership integrating the Ingrian DataSecure® appliance with Chesapeake's flagship product, the Total Reconciliation Solution (T-RecsTM). Under the...
Tags: Chesapeake System Solutions Inc.
Research articles 2007-11-06
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
Lafarge Selects Trintech to Help Improve Performance in its UK Financial Shared Services Environment.(Company overview)
LONDON and DUBLIN, Ireland, September 4 /PRNewswire/ -- - Lafarge to Automate Reconciliation Workflow with Trintech's ReconNET Trintech Group Plc (Nasdaq: TTPA), a leading provider of integrated financial governance, risk management, and compliance solutions for commercial, financial, and healthcare markets worldwide,...
Tags: Lafarge S.A.
Research articles 2007-09-04
CheckFree Announces Agreement to Provide Real Time Reconciliation for Cable & Wireless Real Time Nostro Data Feed.
ATLANTA and LONDON, October 11 /PRNewswire/ -- CheckFree Software, a division of CheckFree (Nasdaq: CKFR), today announced an agreement with Cable & Wireless, the international communications group, to support its Real Time Nostro RTN service. This collaboration will enable users of CheckFree...
Tags: Cable & Wireless Plc., CheckFree Corp.
Research articles 2004-10-11
National Life Insurance Company Selects CheckFree Software to Automate and Streamline Manual Processes
Business Editors ATLANTA--BUSINESS WIRE--March 14, 2001 CheckFree enables one of the nation's oldest providers of financial products to improve efficiency of reconciliation process and regulatory compliance CheckFree Corporation (NASDAQ: CKFR) today announced that National Life Insurance Company has selected its CheckFree RECON-PlusTM for WindowsR to...
Tags: CheckFree Corp., Company, National Life Insurance Co., Streamline
Research articles 2001-03-14
Trintech Increases European Presence With Opening of New Office in The Netherlands
DALLAS & DUBLIN, Ireland -- Trintech Group Plc (Nasdaq:TTPA), a leading provider of transaction reconciliation and payment infrastructure solutions, today announced the opening of a new office in The Netherlands to meet increasing European demand for Trintech's account reconciliation and process management solutions. The new office, which opened in December...
Tags: Trintech Group Plc.
Research articles 2006-02-21
Managing Your Business Budget
Simply put, a company's budget is its business plan for the year expressed in numbers—specifically, estimated sales income together with the costs required to produce those sales. To make a profit in your business, you must make reasonably accurate estimates of your sales income, estimate your costs precisely, and manage...
Tags: finance, bookkeeping, sales
Articles 2007-03-27
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