Steps for General Ledger Reconciliation. Business owners commonly use a general ledger to record and maintain their financial transactions. General ledgers provide business owners with one ...

A payroll reconciliation means that the payroll you're now preparing balances the payroll in the general ledger. And if you use payroll tools or payroll systems, the payroll reconciliation process ...

What Are the Causes for Bank Reconciliations & a General Ledger Not Balancing?. To help reduce financial errors and prevent fraud, many businesses perform a monthly bank reconciliation, comparing ...