What does reconciliation mean?

Definition

The process of comparing physical cash with accounting records and resolving differences.

Example sentences

• Yesterday's cash reconciliation revealed a payment that we'd entered twice.🔊

  Yesterday's cash reconciliation revealed a payment that we'd entered twice.

• Could you finish the cash reconciliation before the evening shift starts?🔊

  Could you finish the cash reconciliation before the evening shift starts?

Related words

reconciliation in other languages

• In Portuguese
• In French
• In Japanese