vimala.s

• Sep 27th, 2011

 

It is the reconciliation of balances between branch to branch transactions or branch balances with Head office balances.
For the transaction between the inter branch or with HO, generally there is delay in information or communication, reconciliation is easy if you understand the transaction as the one branch is debtor and other is creditor(it depends on the transactions) and it will be similar to debtor reconciliation.