Cash Account Reconciliations Policy

This policy provides standard procedures to reconcile cash accounts at a bank.

Some of the procedures listed in this policy include entering the account number, account name, and month-end date at the top of the account reconciliation template; obtaining a bank statement for the respective month and entering the ending bank statement balance into the cell for the counterparty balance on the account reconciliation template; obtaining a general ledger detail for the respective period; entering the ending general ledger account balance into the cell for the general ledger balance on the account reconciliation template; and generating a list of outstanding checks.