Expense reconciliation refers to the process of comparing a company's real expenditures with the corresponding entries in its accounting accounts. Reconciliations on a regular basis ensure that the figures do not differ in any way from one another. In the event that there is a disparity, you may be required to verify transactions by comparing them to bank statements and other documentation in order to locate the origin of the problem. Visit: https://blog.happay.com/expense-reconciliation/