Bank Reconciliation

This is our main tax information forum which deals with topics concerning Canadians living and working in the U.S., U.S. citizens contemplating working in Canada, and all aspects of Canadian and U.S. income tax and related adminstrative issues.

Moderator: Mark T Serbinski CA CPA

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cyberfan
Posts: 1
Joined: Mon Jun 06, 2005 11:06 am

Bank Reconciliation

Post by cyberfan »

I just started working for a new company. This company has never done bank reconciliation since 2002 when it was established, and they did not book transactions until Aug, 2003. How should I to do the bank reconciliation.
nelsona
Posts: 18675
Joined: Wed Oct 27, 2004 2:33 pm
Location: Nowhere, man

Post by nelsona »

This is not a CPA help-line.

<i>nelsona non grata... and non pro</i>
Carson
Posts: 183
Joined: Wed Oct 27, 2004 1:00 pm
Location: Toronto

Post by Carson »

<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica" id="quote">quote:<hr height="1" noshade id="quote"><i>Originally posted by cyberfan</i>

I just started working for a new company. This company has never done bank reconciliation since 2002 when it was established, and they did not book transactions until Aug, 2003. How should I to do the bank reconciliation.
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
Cyber, the only accounting advice you'll find here is related to cross-border tax issues, despite the forum title.

Better you do a Google search on "bank rec...", which is really an Accounting 101 issue.

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