General Ledger Reconciliation Example

Posted by Ana Orwel on Tuesday, April 28, 2009

General ledger reconciliation example refers to the process of reviewing all the source documents with the corresponding entry in the general ledger. It is very important that everything matches, so as to indicate correct entries.

So how does one carry out general ledger reconciliation?

• Firstly, you must know the items that should be included in the general ledger and also go through the accounting policies of your company.
• Secondly, accumulate all the relevant documents. Now tally all the documents with their corresponding entries on the general ledger. Now, document all the things that are observed.

More information and examples of general ledger here.