The term "expense reconciliation" refers to the process of ensuring that the accounting entries of a company accurately reflect the total amount of money that was actually spent by the business. This practise is symbolised by the phrase. By performing bookkeeping reconciliation on a regular basis, one may confirm that both sets of figures are correct and that there is no discrepancy between the two sets. If there is a discrepancy, you may be asked to compare your records to bank statements and other documentation so that your books may be validated as being accurate. If there is no discrepancy, you will not be asked to compare your records.Learn more: https://blog.happay.com/expense-reconciliation/