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Asset & Liability Reconciliation Template

This document is an asset and liability reconciliation template. It provides fields to enter the account number and name, reconciliation period details, preparer and approver information, general and subsidiary ledger balances, adjustments to correct any differences, and notes. The template is used to reconcile account balances between a subsidiary ledger or itemized list and the general ledger.

Uploaded by

Momon Dompu
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as XLSX, PDF, TXT or read online on Scribd
27 views9 pages

Asset & Liability Reconciliation Template

This document is an asset and liability reconciliation template. It provides fields to enter the account number and name, reconciliation period details, preparer and approver information, general and subsidiary ledger balances, adjustments to correct any differences, and notes. The template is used to reconcile account balances between a subsidiary ledger or itemized list and the general ledger.

Uploaded by

Momon Dompu
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd

Asset & Liability Reconciliation

Account Number:
Account Name:

Purpose of Account:

Subaccount (optional):
Subaccount Name (optional):

Reconciliation Period:
Preparer:
Completion date:

Object Code(s):
Subobject Code(s) (optional):

Approver:
Approval date:

Subsidiary Ledger Balance


$0.00

General Ledger Balance


$0.00

List all items included in Ending Balance if no subsidiary source


Date

Amount

Description

Balance

Adjustments Required to correct G/L balance


Corecting e-doc

Amount

Description

Adjusted G/L Balance

check s/b $0

Notes:
Update reconciliation with specific identification of activity reconciled
and workflow identification

General Ledger Balance


Note the date of the general ledger balance in the top information section
General ledger balance equals balance at end of reconciliation period

Subsidiary Ledger Balance


For the purposes of this reconciliation template the terminology subsidiary ledger was used.
A reliable source (source of record) that is used in a business process to record appropriate balanc
can be considered a subsidiary ledger
Listing a subsidiary balance is the equivalent of listing out individual items
are components of an accurate balance total
If there is no subsidiary ledger list items that should make up balance of account

Other Notes
If you have more transactions than can fit in the template, insert cells to expand or
list lump sum totals and reference detailed backup

Example with no outside source or subsidiary ledger

dger was used.


d appropriate balances in accounts

Example with subsidiary ledger system

idiary ledger

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