How to Reconcile Cash and Bank Balances
Close cash and bank books daily or weekly with structured reconciliation workflows.
Why reconciliation matters
Distribution businesses process high transaction volumes. Frequent reconciliation prevents silent balance drift and duplicate entries.
Cash reconciliation
Compare physical cash and system cashbook totals. Investigate variances immediately and post adjustment entries with notes.
Bank reconciliation
Import or reference statement lines, match deposits and withdrawals, and flag unmatched entries for review.
Next steps
After this workflow is configured, align teams on role permissions and reporting cadence.