What are the 3 important reasons to reconcile bank and credit card as a set date

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asked Mar 18, 2021 187k views

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Kamil Zych · Answer 1 · 2021-03-23T11:27:59+0000

Answer:

1) To verify transactions have the correct date assigned to them. 2) To verify that an account balance is within its credit limit. 3) To verify that all transactions have been recorded for the period.

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What are the 3 important reasons to reconcile bank and credit card as a set date

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What are the 3 important reasons to reconcile bank and credit card as a set date