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Bank Reconciliation and Close Package
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Bank Reconciliation Purpose and Month-End Scope
Overview: Bank Reconciliation Purpose and Month-End Scope
What a bank reconciliation does
Activity: Sort routine cash problems from reconciling items
Ledger, bank statement, and why both matter
How month-end close uses the reconciliation
Common reconciling items at a beginner level
What this section does not do
Exercise: Section Exercise
Review: Bank Reconciliation Purpose and Month-End Scope
Gathering Ledger and Bank Data
Overview: Gathering Ledger and Bank Data
What data you need before reconciliation
Activity: Sort the source documents
How to read the ledger view
How to read the bank statement view
Checking opening balances and date ranges
Building a clean source package
Exercise: Section Exercise
Review: Gathering Ledger and Bank Data
Matching Deposits, Checks, and Electronic Activity
Overview: Matching Deposits, Checks, and Electronic Activity
Why matching transaction detail comes before reconciliation
Deposits: cash receipts, deposits in transit, and batching
Activity: Sort deposit records into matched, delayed, and investigate
Checks and card payments: clearing dates and missing support
Electronic transfers, fees, and bank-originated transactions
Building a clean exception list for follow-up
Reading-only: what good matching work looks like in a close package
Exercise: Section Exercise
Review: Matching Deposits, Checks, and Electronic Activity
Identifying Reconciling Items and Required Adjustments
Overview: Identifying Reconciling Items and Required Adjustments
What makes an item reconciling vs. adjusting?
Activity: Sort reconciling items by type
Outstanding checks and deposits in transit
Bank-only activity and why it usually needs a journal entry
Activity: Decide the adjustment for bank-only items
Book errors and correction entries
Evidence and review before posting adjustments
Activity: Match support to the adjustment
Judgment checkpoint: would you sign your name to this?
Exercise: Section Exercise
Review: Identifying Reconciling Items and Required Adjustments
Preparing Reconciliation Schedules and Review Support
Overview: Preparing Reconciliation Schedules and Review Support
What a reconciliation schedule must show
Activity: Label the parts of a completed schedule
Organizing reconciling items for review
Writing short reviewer notes
Linking the schedule to supporting records
Checking for consistency before review
Exercise: Build a review-ready reconciliation support packet
Review: Preparing Reconciliation Schedules and Review Support
Assembling the Month-End Close Package
Overview: Assembling the Month-End Close Package
What the close package needs to prove
Activity: Sort package items by purpose
Package contents and order
Building tie-outs that connect reports to records
Activity: Match report totals to the supporting record
Review notes, exceptions, and sign-off
Reading-only: common gaps that weaken a package
Exercise: Section Exercise
Review: Assembling the Month-End Close Package
Course Study Guide
Overview: Course Study Guide
Recap
What You Can Do Next
Additional References
Review: Course Study Guide
Lab: Month-End Reconciliation and Close Package Build
Overview: Lab: Month-End Reconciliation and Close Package Build
Lab: Month-End Reconciliation and Close Package Build
Review: Lab: Month-End Reconciliation and Close Package Build
Lab: Month-End Reconciliation and Close Package Build
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AI Learning Hub
AI Essentials
Level 1: Generative AI Foundation
Level 2: Grounding AI with your Data
Level 3: Automating AI Workflows
Copilot First-Step Kit
Office
Webinars
Power BI
Programming
WordPress
Microsoft Official
Accounting
CompTIA
Google
Upskilling Series
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Course info
Bank Reconciliation and Close Package
Make the books and the bank agree, then package the month-end work.
Skill Level
:
Beginner
