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An accounting process to compare two sets of records to check that figures are correct.
Updated on Sep, 2026
Finance and Accounting, Accounting and Bookkeeping, Accounting
Duration - 1.5 hours
Training 5 or more people ?
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***Please note that this course relates to South African Taxes***
Insights on how payroll calculations are done
Reconciliation is an accounting process that compares two sets of records to check that figures are correct and in agreement. Reconciliation also confirms that accounts in the general ledger are consistent, accurate, and complete.
Reconciling your general ledger accounts is part of the bookkeeping process and understanding how they are done, will benefit every bookkeeper greatly!
Little to intermediate understanding of bookkeeping.
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