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Updated on: October 20, 2021

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What is Bank Reconciliation?

A bank reconciliation statement is a summary of banking and business activity that reconciles an entity’s bank account with its financial records. The statement outlines the deposits, withdrawals, and other activities affecting a bank account for a specific period. A bank reconciliation statement is a useful financial internal control tool used to thwart fraud.

Software with Bank Reconciliation

PRODUCT NAME SW SCORE (OUT OF 100) AGGREGATED RATINGS (OUT OF 5)
98 4.4
96 4.2
95 4.3
95 3.7
93 4
93 4.4
92 4.5
91 4.3
90 3.3
90 2.6

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