What is the bank reconciliation


Assignment Task: Please answer each of the following questions below with brief explanation and references:

Q1. What is the bank reconciliation? Why does a company need to prepare Bank reconciliation Statement?

Q2. What is the function of Bank rule in QBO?

Q3. How can you perform batch actions in QBO?

Q4. If you see Error 103, what does that mean?

Q5. If your bank doesn't have options to connect accounts, what you need to do?

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Other Subject: What is the bank reconciliation
Reference No:- TGS03358850

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