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The first step is to gather the documentation needed to complete the reconciliation: the check register, the bank statement and the previous reconciliation.
While you can complete the following steps in any sequence, I think it makes sense to first compare the reconciling items from the previous statement to make sure they are no longer reconciling items: have all outstanding checks been presented, have any deposits in transit been credited, bank fees recorded, etc.
Then you would compare all checks recorded in the register to those which have cleared the bank, noting any discrepancies.
Then do the same for deposits.
Finally, identify any charges or credits on the bank statement which were not posted to the check register.
As long as you complete the reconciliation, it really doesn't matter which step you do first. I believe the above sequence makes the process easier.
What else can I help you with?
What the greatest step toward the discovery cells?
The invention of a Microscope.
Is the first step of the nitrogen cycle?
The first step of the nitrogen cycle is nitrogen fixation.
What is first step when supervising detainee operation?
The first step is to disarm and secure detainees when supervising detainee operations.
Which step in the water cycle is Transpiration?
Transpiration is the first step. It evaporates the water.
Is the first step aerobic respiration the first step in anaerobic respiration?
No, in anaerobic respiration, the first step is glycolysis, which occurs in the cytoplasm of the cell. This process converts glucose into pyruvate and generates ATP without the need for oxygen.
What is the first step toward reconciling your checkbook register?
The first step is to gather the documentation needed to complete the reconciliation: the check register, the bank statement and the previous reconciliation. While you can complete the following steps in any sequence, I think it makes sense to first compare the reconciling items from the previous statement to make sure they are no longer reconciling items: have all outstanding checks been presented, have any deposits in transit been credited, bank fees recorded, etc. Then you would compare all checks recorded in the register to those which have cleared the bank, noting any discrepancies. Then do the same for deposits. Finally, identify any charges or credits on the bank statement which were not posted to the check register. As long as you complete the reconciliation, it really doesn't matter which step you do first. I believe the above sequence makes the process easier.
What is the first step toward citizenship?
belief
The first step toward generating a skeletal muscle contraction is The first step toward generating a skeletal muscle contraction is?
stimulation of the muscle by a nerve ending.
What is the first step toward civilizing cyberspace?
nope
The first is recognizing the need for help.?
step toward recovery
What is the first step toward becoming for your health?
The first step in becoming responsible for your health is eating right and taking care of yourself
Which state is credited with taking the first step toward juvenile probation?
Massachussetts
What is the first step toward finding solution?
Identifying the problem!
What is the first step toward understanding business ethics?
develop ethical-issue awareness
Recognizing your emotion is an important first step toward dealing with them in ways?
Healthful ways.
Why was the D-Day at Normandy significant?
It was the Allie's first step in their march toward Germany.
Which of following is the first step toward finding a solution?
The first step toward finding a solution is defining the problem or issue clearly. This involves understanding what the problem is, why it is a problem, and what the desired outcome or solution should look like.
