answersLogoWhite

0

Need for reconciliation of cost and financial accounts

User Avatar

Wiki User

13y ago

What else can I help you with?

Related Questions

How long do you need to keep financial records after someone dies?

7 years


Why do businesses need to keep financial records?

It is required by the FASB and the government. It is your legal obligation.


What things do you need for the sacrament Reconciliation?

In a Sacrament Reconciliation you need confession, Apologising, Absolutment and Satisfactment


Why do we need reconciliation?

we need reconciliation because it is what reunites us for eg. You have a fight with your best mate, and you hate each others guts, Reconciliation is what brings us back together and not to hate.


How does a bank statement assist in identifying descrepancies?

A bank statement provides a detailed record of all transactions within a specific period, including deposits, withdrawals, and fees. By comparing this statement against personal financial records, individuals can easily identify discrepancies such as unauthorized charges, missing deposits, or errors in transaction amounts. This reconciliation process helps ensure the accuracy of both the bank's records and the account holder's financial tracking. Additionally, it can highlight patterns of spending or areas where budgeting may need adjustment.


Why every users need accounting information?

Accounting users need accounting information in order to give them the true state of their financial transaction and records.


Why do you need financial assistance to meet career goals?

Financial assistance just helps cover some of the cost for college, you don't need it if you can afford the tuition to the college(s)


What is cost on financial statements?

Cost is basically the things or services that you need to spend on or have spent on in order to make the whole system operational.


How much money has been paid to me.?

I'm sorry, but I don't have access to personal financial information or records. To find out how much money has been paid to you, you may need to check your bank statements, payment records, or contact the relevant financial institutions or companies directly.


Do you need a degree to be a financial advisor if not does it cost money to become one if you are employed by a firm.?

No, you do not need a degree. Yes, it does cost money. In fact, in many cases you need a firm to sponsor your application.


What does financial need mean on FAFSA?

When related to the FAFSA, your financial need is the difference between your cost of attendance and at a school (abbreviated as COA) and your Expected Family Contribution (EFC). Your cost of attendance will vary depending on what school you would like to attend, but your EFC will stay the same.


I've got 3 boxes of financial records I need shreaded. What is the cost?

yes, you definitely can. All you do is set up on line to pay your bills, It gives step by step instructions. Most professional shredding services charge around $8 per hour.