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Account Reconciliation is the process of ensuring two sets of records ( e.g personal records and bank statement) are in agreement.

It ensures that money taken from an account matches the actual amount being spent.

It also explains the difference between financial records.

Some differences are acceptable due to the time of payments and deposits.

Differences are signs of theft or cooking the books (fraudulent activities to falsify the financial statements).

Account Reconciliation provides consistency and accuracy in financial accounts.

At rovedana, we assist in Monthly Account Reconciliation and offer even more services under the Bronze, Silver and Gold packages at affordable prices.