Bank reconciliation process flow.
A bank reconciliation process flow documents the path from the bank statement and general ledger to an approved reconciliation. It keeps the normal matching sequence clear while showing how unmatched items and review rejections return for recheck.
Open it in the AI editor with a prompt pre-filled — keep what works, change what doesn't.
Scenario
Accounting teams use this process during month-end close to reconcile a bank statement to the general ledger. The preparer follows the main match sequence, while the reviewer verifies the completed reconciliation.
Key decisions
- The bank statement and general ledger are collected in one input step before matching begins.
- Deposits, payments, and fees remain in one top-down main sequence before the exception decision.
- Unmatched items branch to investigation and adjusting entries, then return to the matching decision for recheck.
- A separate review decision loops revisions back to the prepared reconciliation before close.
When to reuse this
Use it for recurring cash-account reconciliations with a preparer and reviewer. Use a reconciliation worksheet when the main need is calculating balances and listing individual outstanding items.
Frequently asked questions
What is a bank reconciliation process flow?
What are the main steps in bank reconciliation?
How do you read a reconciliation flowchart?
Is a bank reconciliation template the same as an example?
Do I need an account?
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