Reconciliation Article Index for
Reconciliation
Articles about
Reconciliation
Website Links For
Reconciliation
 

Information About

Reconciliation




  • Reconciliation may be seen as part of a process of restoring a Relationship gone awry, typically as the result of one party causing a rift.


  • In finance, Reconciliation is the process of balancing and updating accounting figures so that they reflect the most current, accurate amounts available.


  • In Accounting, ''reconciliation'' relates to the processing of matching figures from different areas which logically should align. An example would be that of matching invoices paid against monies banked, in accounting this 'matching' is called reconciling. The most important reconciliation performed in the accounting process is generally that of the Bank Reconciliation .



  • Yom Kippur is a Jewish holiday, considered by Jews to be the holiest and most solemn day of the year; its central theme is Atonement and reconciliation.







SEE ALSO