Mastery card
I can explain Bank Reconciliation
Explaining why your books' bank balance differs from the bank statement.
A bank reconciliation compares the cash book (or ledger) bank balance to the bank statement and identifies timing differences and errors until both agree.
Sticky trick
Reconcile every account every month; investigate anything you can't explain.
Take into the room
In plain English, what is Bank Reconciliation?
Or open the share card 🏦
Or start your own 5-word trail from home.