All 26 Bank Reconciliation questions
More in Bank Reconciliation
How often should bank reconciliations be performed? What is a direct debit and how does it appear in reconciliation? What is a standing order? What is a credit transfer (bank giro) received? What does 'reconciling item' mean? What are the steps to prepare a bank reconciliation? Which differences require an adjustment to the cash book and which do not? How does a bank reconciliation help detect fraud or error? What causes a bank reconciliation not to balance and how do you investigate? How do bank errors feature in a reconciliation?
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Bookkeeping › Bank Reconciliation

What documents are needed to perform a bank reconciliation?

Beginner

Answer

You need the cash book (the business's record of bank transactions) and the bank statement for the same period, plus supporting items like the previous reconciliation, cheque records, and paying-in book. Comparing the two records and identifying differences is the core of the process.
Real-world example With the month's bank statement and the cash book side by side, the bookkeeper ticks off matching items.

Common follow-ups: What two main records are compared? | Why keep the prior reconciliation?

Cash Book & Petty Cash Correcting Errors Bank Reconciliation
All 26 Bank Reconciliation questions