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Bug 791169 - Add Reconciliation definition to Glossary
Summary: Add Reconciliation definition to Glossary
Status: RESOLVED FIXED
Alias: None
Product: Documentation
Classification: Unclassified
Component: Guide (show other bugs)
Version: 2.6.x
Hardware: Other All
: Normal normal
Target Milestone: ---
Assignee: documentation
QA Contact: documentation
URL:
Whiteboard:
Keywords:
Depends on:
Blocks:
 
Reported: 2017-12-03 10:06 EST by David
Modified: 2020-06-28 15:16 EDT (History)
4 users (show)

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Description David 2017-12-03 10:06:23 EST
Per discussion on User list, propose adding reconciliation definition in Glossary, as follows:

Reconciliation is a verification process in which the user compares their records with those of the financial institution to ensure that the records in each system agree at some particular point in time. During reconciliation, the user checks individual transactions in their file against bank statements; upon completion, the reported balances of the institution and the reconciled account will match at that point in the register.
Comment 1 David 2018-08-27 10:08:59 EDT
Completed with PR #111.

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