FINANCIAL SERVICES
Know what matches, what is missing and what needs attention.
Bank reconciliation compares recorded cash activity with the relevant bank or payment-account records. We help organise that comparison and investigate differences within an agreed scope. The objective is not simply to force two totals to agree, but to create a clear explanation for the balance and the items still outstanding.
Bring the evidence together
We confirm the accounts, currencies, periods and opening position to be reviewed. Inputs may include bank statements, cashbooks, payment-platform reports and supporting transactions. Access should be appropriate to the assignment; sharing personal banking passwords is not necessary. Where an export is incomplete or a statement is missing, we identify that dependency before treating the period as reconciled.
Resolve differences carefully
Unrecorded charges, timing differences, duplicate entries and unidentified receipts require different treatments. We group exceptions and request the information needed to resolve them. Adjustments are proposed with an explanation and processed only through the agreed approval route. A long-outstanding item is not written off merely to make a reconciliation appear complete.
Make ongoing review easier
The handover can include reconciliations by account, an outstanding-item list and recommendations for future processing. Where payment gateways or multiple currencies are involved, the scope distinguishes settlement activity, fees and any exchange differences requiring review. The reconciliation supports financial control but is not, by itself, an audit or a guarantee that all underlying transactions are legitimate.
Frequently asked questions
Can payment gateways be included?
Yes, where the necessary settlement and transaction reports are available and included in the engagement. We agree the platforms and periods in advance.
Do you need access to move money?
Routine reconciliation does not require authority to make payments. Access should be limited to the records necessary for the agreed work.