Jun 19, 2021 12:12
2 yrs ago
5 viewers *
Hebrew term

דוח התאמה

Non-PRO Hebrew to English Other Accounting
Hi,
I've encountered Reconciliation Statement and Adjustment Statement as a translation of the above term. I'm not sure I understand the difference between them. Is there? Are these two terms interchangeable?
Thanks!
Proposed translations (English)
5 Reconciliation report
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PRO (1): Sandra & Kenneth Grossman

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Proposed translations

1 day 22 mins
Selected

Reconciliation report

A reconciliation report is a type of document that helps to provide the means of resolving differences between various types of disbursements or receipts associated with a given task. Reports of this type are often used by financial institutions to make sure all accounts are in order. Companies will also make use of a reconciliation report to balance or reconcile figures associated with different budgetary line items, including the payroll. When it comes to inventory reconciliation, the report will often help to resolve any differences that may be present between a physical inventory and the inventory that is reflected in company records.
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