Reconciliation statement

A reconciliation statement is a listing of particular transactions that were posted to a bank account for a period of time such as issued checks that have cleared the account. Reconciliation statements are used with Bank Tape Mass Reconciliation (CB185) and Statement Reconciliation (CB82) to reconcile large amounts of transactions posted to the Cash Management module through Accounts Payable, Accounts Receivable, or within the Cash Management system. You can also use reconciliation statements in conjunction with bank statement processing through Bank Statement (CB06.1).