How often should you complete a Bank Reconciliation?
Aug 23, 2022
As a standard office procedure, bank reconciliations are completed monthly.
Even though the bank statement may arrive 3 (or more) days after the month end, transactions resulting from the bank reconciliation should be posted in the same month covered by the Bank Statement.
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Peter Skebo
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Peter is a serial Entrepreneur with a passion for all-things related to Business.
Since 1993, Peter has taught business at both the College level and through his own business school. In that time he has helped establish over 2,000 small businesses.
When Peter is not engaged in his many hobbies, he can be found watching spy movies!
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