{"id":87195,"date":"2026-10-13T12:22:47","date_gmt":"2026-10-13T06:52:47","guid":{"rendered":"https:\/\/www.oliveboard.in\/blog\/?p=87195"},"modified":"2026-10-13T12:22:48","modified_gmt":"2026-10-13T06:52:48","slug":"bank-reconciliation-statement","status":"publish","type":"post","link":"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/","title":{"rendered":"Bank Reconciliation Statement, Download Study Notes for JAIIB"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_77 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of content<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/#What_is_a_Bank_Reconciliation_Statement\" >What is a Bank Reconciliation Statement?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/#Download_Bank_Reconciliation_Statement_Study_Notes_PDF\" >Download Bank Reconciliation Statement Study Notes PDF<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/#Why_is_a_Bank_Reconciliation_Statement_required\" >Why is a Bank Reconciliation Statement required?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/#What_are_the_main_benefits_of_a_Bank_Reconciliation_statement\" >What are the main benefits of a Bank Reconciliation statement?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/#What_causes_differences_between_the_Cash_Book_and_Passbook\" >What causes differences between the Cash Book and Passbook?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/#How_does_the_Bank_Reconciliation_Process_Work\" >How does the Bank Reconciliation Process Work?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/#How_do_you_Prepare_a_Bank_Reconciliation_Statement\" >How do you Prepare a Bank Reconciliation Statement?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/#How_is_the_Cash_Book_Balance_adjusted\" >How is the Cash Book Balance adjusted?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/#What_is_the_difference_between_a_Cash_Book_and_a_Passbook\" >What is the difference between a Cash Book and a Passbook?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/#Download_JAIIB_Free_E-Books\" >Download JAIIB Free E-Books<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/#FAQs\" >FAQs<\/a><\/li><\/ul><\/nav><\/div>\n\n<p>The Bank Reconciliation Statement (BRS) is an important accounting topic for candidates preparing for the JAIIB 2026 exam. It helps explain the differences between the bank balance shown in the cash book and the passbook. Understanding its meaning, purpose, benefits, and preparation process can help candidates build a strong understanding of banking and accounting concepts. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-is-a-bank-reconciliation-statement\"><span class=\"ez-toc-section\" id=\"What_is_a_Bank_Reconciliation_Statement\"><\/span>What is a Bank Reconciliation Statement?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>A Bank Reconciliation Statement (BRS) is a statement prepared to identify the differences between the bank balance recorded in a firm&#8217;s cash book and the balance shown in the bank passbook or bank statement. These differences may occur due to timing gaps, bank charges, direct deposits, or recording errors. The statement helps check the accuracy of both records and identify missing entries. It is usually prepared at regular intervals, such as monthly, to maintain correct financial records.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.oliveboard.in\/jaiib-mock-test\/?ref=contac-nai-jaiib-notes\" target=\"_blank\" rel=\"noreferrer noopener\">Attempt A Free JAIIB Mock Test<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-download-bank-reconciliation-statement-study-notes-pdf\"><span class=\"ez-toc-section\" id=\"Download_Bank_Reconciliation_Statement_Study_Notes_PDF\"><\/span>Download Bank Reconciliation Statement Study Notes PDF <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Candidates preparing for JAIIB 2026 can use short notes on the Bank Reconciliation Statement to revise important accounting concepts, causes of differences, and benefits.<\/p>\n\n\n\n<p class=\"has-text-align-center has-medium-font-size\"><strong><a href=\"https:\/\/www.oliveboard.in\/jaiib-prep-kit\/?ref=contac-jaiib-notes\" target=\"_blank\" rel=\"noreferrer noopener\">Download Free PDF<\/a><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-why-is-a-bank-reconciliation-statement-required\"><span class=\"ez-toc-section\" id=\"Why_is_a_Bank_Reconciliation_Statement_required\"><\/span>Why is a Bank Reconciliation Statement required?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>A Bank Reconciliation Statement helps businesses compare their accounting records with the bank statement and understand why the balances do not match. It supports accurate bookkeeping and helps identify errors, delays, and unrecorded transactions. For JAIIB candidates, understanding the purpose of BRS is useful for learning basic accounting and banking operations. The main reasons for preparing a Bank Reconciliation Statement are:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Checking Accuracy:<\/strong> Verifies whether the cash book and bank statement contain correct entries.<\/li>\n\n\n\n<li><strong>Finding Errors: <\/strong>Helps identify mistakes made by the bank or the account holder.<\/li>\n\n\n\n<li><strong>Updating Records: <\/strong>Helps record missing bank charges, interest, and other transactions in the cash book.<\/li>\n\n\n\n<li><strong>Monitoring Cash Flow: <\/strong>Provides a clearer picture of the available bank balance.<\/li>\n\n\n\n<li><strong>Detecting Fraud:<\/strong> Helps identify unusual transactions and possible misuse of funds.<\/li>\n\n\n\n<li><strong>Identifying Delays:<\/strong> Highlights transactions that have been recorded in one book but not yet reflected in the other.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-are-the-main-benefits-of-a-bank-reconciliation-statement\"><span class=\"ez-toc-section\" id=\"What_are_the_main_benefits_of_a_Bank_Reconciliation_statement\"><\/span>What are the main benefits of a Bank Reconciliation statement?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Preparing a Bank Reconciliation Statement regularly helps maintain accurate financial records and improves control over banking transactions. It allows businesses to check whether their cash book entries match the bank&#8217;s records and investigate any differences. It also helps management make better financial decisions based on updated bank balances. The key benefits of a Bank Reconciliation Statement are:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>It helps verify the accuracy of cash book entries.<\/li>\n\n\n\n<li>It identifies missing transactions and accounting errors.<\/li>\n\n\n\n<li>It helps detect incorrect bank charges and other deductions.<\/li>\n\n\n\n<li>It provides a clearer view of the actual bank balance.<\/li>\n\n\n\n<li>It supports better cash management and financial planning.<\/li>\n\n\n\n<li>It helps identify suspicious transactions and reduce the risk of fraud.<\/li>\n\n\n\n<li>It improves internal control over cash and banking activities.<\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.oliveboard.in\/blog\/jaiib-free-quizzes\/?ref=contac-nai-jaiib-notes\" target=\"_blank\" rel=\"noreferrer noopener\">Attempt JAIIB Free Quizzes Now<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-causes-differences-between-the-cash-book-and-passbook\"><span class=\"ez-toc-section\" id=\"What_causes_differences_between_the_Cash_Book_and_Passbook\"><\/span>What causes differences between the Cash Book and Passbook?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The cash book records transactions from the account holder&#8217;s point of view, while the passbook or bank statement records them from the bank&#8217;s point of view. Differences may arise when a transaction is recorded in one set of records before it appears in the other. Bank charges, direct payments, cheque clearance delays, and errors can also cause differences between the balances. The following are the common causes of differences:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><th>Reasons<\/th><th>Explanation<\/th><\/tr><tr><td>Cheques issued but not presented<\/td><td>Cheques issued by the account holder have not yet been presented to the bank for payment.<\/td><\/tr><tr><td>Cheques deposited but not cleared<\/td><td>Cheques deposited into the bank have not yet been collected or credited.<\/td><\/tr><tr><td>Bank charges<\/td><td>The bank deducts service charges that may not yet be recorded in the cash book.<\/td><\/tr><tr><td>Interest credited by the bank<\/td><td>Interest is added to the account but may not yet be entered in the cash book.<\/td><\/tr><tr><td>Interest or charges debited<\/td><td>The bank deducts interest or other charges from the account.<\/td><\/tr><tr><td>Direct deposits<\/td><td>Customers or other parties deposit money directly into the bank account.<\/td><\/tr><tr><td>Standing instructions<\/td><td>The bank makes payments or collects amounts as instructed by the account holder.<\/td><\/tr><tr><td>Dishonoured cheques<\/td><td>A deposited cheque is returned unpaid by the bank.<\/td><\/tr><tr><td>Errors in recording<\/td><td>Mistakes may occur in the cash book or the bank statement.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-how-does-the-bank-reconciliation-process-work\"><span class=\"ez-toc-section\" id=\"How_does_the_Bank_Reconciliation_Process_Work\"><\/span>How does the Bank Reconciliation Process Work?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The Bank Reconciliation process involves comparing the entries in the cash book with those in the bank statement for the same period. Each transaction is checked to identify missing entries, timing differences, and recording errors. After identifying the reasons for the differences, the necessary adjustments are made to the cash book, where required, and the reconciliation statement is prepared. The main steps in the reconciliation process are:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Collect the Records: <\/strong>Obtain the cash book and bank statement for the relevant period.<\/li>\n\n\n\n<li><strong>Compare Transactions:<\/strong> Match deposits, withdrawals, cheques, and other transactions in both records.<\/li>\n\n\n\n<li><strong>Identify Differences:<\/strong> Note transactions that appear in only one record.<\/li>\n\n\n\n<li><strong>Check Errors:<\/strong> Verify the amounts and dates to identify incorrect entries.<\/li>\n\n\n\n<li><strong>Make Adjustments: <\/strong>Record missing bank transactions and correct cash book errors, where necessary.<\/li>\n\n\n\n<li><strong>Prepare the BRS:<\/strong> Reconcile the balances by considering the remaining timing differences and other items.<\/li>\n<\/ol>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.oliveboard.in\/jaiib\/?ref=contac-nai-jaiib-notes\" target=\"_blank\" rel=\"noreferrer noopener\">Explore JAIIB 2026 Online Courses<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-how-do-you-prepare-a-bank-reconciliation-statement\"><span class=\"ez-toc-section\" id=\"How_do_you_Prepare_a_Bank_Reconciliation_Statement\"><\/span>How do you Prepare a Bank Reconciliation Statement?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>A Bank Reconciliation Statement can be prepared by starting with either the cash book balance or the passbook balance. The treatment of each item depends on the starting balance and whether the account has a favourable balance or an overdraft. Candidates must understand how each transaction affects the balance before adding or deducting it.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Identify the opening balance and the record from which the calculation starts.<\/li>\n\n\n\n<li>Check whether the balance represents a normal bank balance or an overdraft.<\/li>\n\n\n\n<li>Add or deduct items according to their effect on the starting balance.<\/li>\n\n\n\n<li>Consider cheques issued but not presented and cheques deposited but not cleared.<\/li>\n\n\n\n<li>Account for bank charges, interest, direct deposits, and standing instructions.<\/li>\n\n\n\n<li>Check for errors in the cash book and bank statement.<\/li>\n\n\n\n<li>Verify the final balance after considering all reconciliation items.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-how-is-the-cash-book-balance-adjusted\"><span class=\"ez-toc-section\" id=\"How_is_the_Cash_Book_Balance_adjusted\"><\/span>How is the Cash Book Balance adjusted?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The cash book is adjusted when transactions appear in the bank statement but have not yet been recorded in the cash book. Updating the cash book helps the account holder maintain accurate records of bank-related transactions. However, timing differences, such as cheques issued but not presented, generally remain reconciliation items until the bank processes them. The following items may require adjustments in the cash book:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Bank service charges and fees deducted by the bank.<\/li>\n\n\n\n<li>Interest charged on an overdraft.<\/li>\n\n\n\n<li>Interest credited by the bank.<\/li>\n\n\n\n<li>Dividends or interest collected by the bank on behalf of the account holder.<\/li>\n\n\n\n<li>Direct deposits made by customers.<\/li>\n\n\n\n<li>Payments made by the bank under standing instructions.<\/li>\n\n\n\n<li>Dishonoured cheques and related charges.<\/li>\n\n\n\n<li>Errors identified in the cash book.<\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.oliveboard.in\/jaiib-previous-year-papers\/?ref=contac-nai-jaiib-notes\" target=\"_blank\" rel=\"noreferrer noopener\">Attempt JAIIB Previous Year Papers<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-is-the-difference-between-a-cash-book-and-a-passbook\"><span class=\"ez-toc-section\" id=\"What_is_the_difference_between_a_Cash_Book_and_a_Passbook\"><\/span>What is the difference between a Cash Book and a Passbook?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The cash book and passbook record banking transactions from different perspectives. A cash book is maintained by the business or account holder, whereas a passbook or bank statement reflects transactions recorded by the bank. Understanding this difference is essential for learning the preparation and purpose of a Bank Reconciliation Statement.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><th>Basis<\/th><th>Cash Book<\/th><th>Passbook \/ Bank Statement<\/th><\/tr><tr><td>Maintained by<\/td><td>Account holder or business<\/td><td>Bank<\/td><\/tr><tr><td>Purpose<\/td><td>Records cash and bank transactions in the account holder&#8217;s books<\/td><td>Records transactions processed through the bank account<\/td><\/tr><tr><td>Deposits<\/td><td>Recorded on the debit side of the bank column<\/td><td>Generally shown as credits<\/td><\/tr><tr><td>Withdrawals<\/td><td>Recorded on the credit side of the bank column<\/td><td>Generally shown as debits<\/td><\/tr><tr><td>Bank charges<\/td><td>Recorded when entered by the account holder<\/td><td>Recorded by the bank when charged<\/td><\/tr><tr><td>Main use<\/td><td>Tracks the account holder&#8217;s bank balance<\/td><td>Shows the balance and transactions recorded by the bank<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-download-jaiib-free-e-books\"><span class=\"ez-toc-section\" id=\"Download_JAIIB_Free_E-Books\"><\/span>Download JAIIB Free E-Books<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>To make your <a href=\"https:\/\/www.oliveboard.in\/blog\/jaiib-preparation-strategy\/?ref=contac-nai-jaiib-notes\" target=\"_blank\" rel=\"noreferrer noopener\">JAIIB 2026 preparation<\/a> easier, Oliveboard provides a collection of e-books and topper handwritten notes. These resources cover important topics in the Indian Economy and Banking, helping you revise key concepts quickly and effectively. You can download the PDFs and study at your own pace, anytime and anywhere.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Notes<\/strong><\/td><td><strong>Link to Download PDF<\/strong><\/td><\/tr><tr><td>800+ Important JAIIB Questions<\/td><td><a href=\"https:\/\/www.oliveboard.in\/jaiib-question-bank\/?ref=contac-nai-jaiib-notes\" target=\"_blank\" rel=\"noreferrer noopener\">Download Free PDF<\/a><\/td><\/tr><tr><td>JAIIB Memory Based 2025 Paper <\/td><td><a href=\"https:\/\/www.oliveboard.in\/blog\/jaiib-memory-based-paper\/?ref=contac-nai-jaiib-notes\" target=\"_blank\" rel=\"noreferrer noopener\">Download PDF<\/a><\/td><\/tr><tr><td>750+ Solved Previous Year JAIIB Questions<\/td><td><a href=\"https:\/\/www.oliveboard.in\/jaiib-750-pyqs\/?ref=contac-nai-jaiib-notes\" target=\"_blank\" rel=\"noreferrer noopener\">Download PDF<\/a><\/td><\/tr><tr><td>Economic Concepts in Banking Topper Handwritten Notes<\/td><td><a href=\"https:\/\/www.oliveboard.in\/blog\/economic-concepts-of-banking-jaiib-handwritten-notes\/?ref=contac-nai-jaiib-notes\" target=\"_blank\" rel=\"noreferrer noopener\">Economic Concepts in Banking for JAIIB <\/a><\/td><\/tr><tr><td>Indian Economic Architecture Topper Handwritten Notes<\/td><td><a href=\"https:\/\/www.oliveboard.in\/blog\/indian-economic-architecture-topper-notes-jaiib\/?ref=contac-nai-jaiib-notes\" target=\"_blank\" rel=\"noreferrer noopener\">Indian Economic Architecture for JAIIB <\/a><\/td><\/tr><tr><td>Fundamentals of Economics<\/td><td><a href=\"https:\/\/www.oliveboard.in\/blog\/risk-and-basic-risk-management-framework-jaiib\/?ref=contac-nai-jaiib-notes\" target=\"_blank\" rel=\"noreferrer noopener\">Fundamentals of Economics for JAIIB <\/a><\/td><\/tr><tr><td>Types of Economics and Basic Economic Problems<\/td><td><a href=\"https:\/\/www.oliveboard.in\/blog\/risks-in-banking-business\/?ref=contac-nai-jaiib-notes\" target=\"_blank\" rel=\"noreferrer noopener\">Types of Economics and Basic Economic Problems <\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-faqs\"><span class=\"ez-toc-section\" id=\"FAQs\"><\/span>FAQs<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"schema-faq wp-block-yoast-faq-block\"><div class=\"schema-faq-section\" id=\"faq-question-1791873385920\"><strong class=\"schema-faq-question\">1. What is a Bank Reconciliation Statement?<\/strong> <p class=\"schema-faq-answer\">A Bank Reconciliation Statement is prepared to identify and explain the differences between the bank balance in the cash book and the bank statement.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1791873386945\"><strong class=\"schema-faq-question\">2. Why is a Bank Reconciliation Statement Prepared?<\/strong> <p class=\"schema-faq-answer\">It is prepared to identify errors, record missing transactions, explain timing differences, and verify bank balances.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1791873387581\"><strong class=\"schema-faq-question\">3. What are the Common Causes of differences in a BRS?<\/strong> <p class=\"schema-faq-answer\">Common causes include uncleared cheques, cheques not presented for payment, bank charges, direct deposits, interest, and recording errors.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1791873388518\"><strong class=\"schema-faq-question\">4. Who prepares a Bank Reconciliation statement?<\/strong> <p class=\"schema-faq-answer\">It is generally prepared by the accountant, bookkeeper, or person responsible for maintaining the financial records of a business.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1791873389058\"><strong class=\"schema-faq-question\">5. Do bank charges affect the Bank Reconciliation statement?<\/strong> <p class=\"schema-faq-answer\">Yes, bank charges can cause a difference when they appear in the bank statement but have not yet been recorded in the cash book.<\/p> <\/div> <\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n<ul class=\"wp-block-latest-posts__list is-grid columns-3 wp-block-latest-posts\"><li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/jaiib-pyps\/\">JAIIB 2026 Previous Year Papers, Download Free PDF<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/jaiib-ie-and-ifs-module-wise-study-guide\/\">JAIIB IE &amp; IFS Module-Wise Mind Maps, Download Free PDF<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/functions-of-bank-relationships-norms-others\/\">Functions of Bank Relationships, Norms and Download Free PDF<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/jaiib-ppb-important-rbi-guidelines\/\">JAIIB PPB Important RBI Guidelines and Banking Limits<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/essentials-of-bank-computerization\/\">Essentials of Bank Computerization for JAIIB, Download Free eBook<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/jaiiib-afm-formulas-and-short-tricks\/\">JAIIB AFM Formulas and Short Tricks, Check Details<\/a><\/li>\n<\/ul>","protected":false},"excerpt":{"rendered":"<p>The Bank Reconciliation Statement (BRS) is an important accounting topic for candidates preparing for the JAIIB 2026 exam. It helps<\/p>\n","protected":false},"author":58,"featured_media":254074,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10353],"tags":[],"class_list":["post-87195","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-jaiib","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-50"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bank Reconciliation Statement, Download Study Notes for JAIIB<\/title>\n<meta name=\"description\" content=\"Prepare for the JAIIB 2026 exam by learning about the Bank Reconciliation Statement and its role in maintaining financial accuracy.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bank Reconciliation Statement, Download Study Notes for JAIIB\" \/>\n<meta property=\"og:description\" content=\"The Bank Reconciliation Statement (BRS) is an important accounting topic for candidates preparing for the JAIIB 2026 exam. It helps explain the\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/\" \/>\n<meta property=\"og:site_name\" content=\"Oliveboard\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Oliveboard\" \/>\n<meta property=\"article:published_time\" content=\"2026-10-13T06:52:47+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-10-13T06:52:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2021\/12\/JAIIB-1-1.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"730\" \/>\n\t<meta property=\"og:image:height\" content=\"480\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"AditiOB\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Oliveboard\" \/>\n<meta name=\"twitter:site\" content=\"@Oliveboard\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"AditiOB\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/\"},\"author\":{\"name\":\"AditiOB\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/#\/schema\/person\/0cbc4ac8555ced346681804861de062c\"},\"headline\":\"Bank Reconciliation Statement, Download Study Notes for JAIIB\",\"datePublished\":\"2026-10-13T06:52:47+00:00\",\"dateModified\":\"2026-10-13T06:52:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/\"},\"wordCount\":1537,\"publisher\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2021\/12\/JAIIB-1-1.webp\",\"articleSection\":[\"JAIIB\"],\"inLanguage\":\"en-US\"},{\"@type\":[\"WebPage\",\"FAQPage\"],\"@id\":\"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/\",\"url\":\"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/\",\"name\":\"Bank Reconciliation Statement, Download Study Notes for JAIIB\",\"isPartOf\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2021\/12\/JAIIB-1-1.webp\",\"datePublished\":\"2026-10-13T06:52:47+00:00\",\"dateModified\":\"2026-10-13T06:52:48+00:00\",\"description\":\"Prepare for the JAIIB 2026 exam by learning about the Bank Reconciliation Statement and its role in maintaining financial accuracy.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/#breadcrumb\"},\"mainEntity\":[{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/#faq-question-1791873385920\"},{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/#faq-question-1791873386945\"},{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/#faq-question-1791873387581\"},{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/#faq-question-1791873388518\"},{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/#faq-question-1791873389058\"}],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/#primaryimage\",\"url\":\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2021\/12\/JAIIB-1-1.webp\",\"contentUrl\":\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2021\/12\/JAIIB-1-1.webp\",\"width\":730,\"height\":480},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.oliveboard.in\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"JAIIB-CAIIB \/ Promotion Exams\",\"item\":\"https:\/\/www.oliveboard.in\/blog\/category\/jaiib-caiib-promotion\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"JAIIB\",\"item\":\"https:\/\/www.oliveboard.in\/blog\/category\/jaiib-caiib-promotion\/jaiib\/\"},{\"@type\":\"ListItem\",\"position\":4,\"name\":\"Bank Reconciliation Statement\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/#website\",\"url\":\"https:\/\/www.oliveboard.in\/blog\/\",\"name\":\"Oliveboard\",\"description\":\"Free Govt. Exam Alerts &amp; Resources\",\"publisher\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.oliveboard.in\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/#organization\",\"name\":\"Oliveboard\",\"url\":\"https:\/\/www.oliveboard.in\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2021\/11\/logo.png\",\"contentUrl\":\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2021\/11\/logo.png\",\"width\":150,\"height\":40,\"caption\":\"Oliveboard\"},\"image\":{\"@id\":\"https:\/\/www.oliveboard.in\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/Oliveboard\",\"https:\/\/x.com\/Oliveboard\",\"https:\/\/www.instagram.com\/oliveboard.in\/\",\"https:\/\/www.youtube.com\/channel\/UCRvrHAyNdOMI_JBkE2pjZtw?sub_confirmation=1\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/#\/schema\/person\/0cbc4ac8555ced346681804861de062c\",\"name\":\"AditiOB\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/d1e881725409eac0bd9260c141e2a522d2a6a86c9dfeba73e8523e493f39e045?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/d1e881725409eac0bd9260c141e2a522d2a6a86c9dfeba73e8523e493f39e045?s=96&d=mm&r=g\",\"caption\":\"AditiOB\"},\"description\":\"Hi, I\u2019m Aditi. I work as a Content Writer at Oliveboard, where I have been simplifying exam-related content for the past 4 years. I create clear and easy-to-understand guides for JAIIB, CAIIB, and UGC exams. My work includes breaking down notifications, admit cards, and exam updates, as well as preparing study plans and subject-wise strategies. My goal is to support working professionals in managing their exam preparation alongside a full-time job and to help them achieve career growth.\",\"sameAs\":[\"www.linkedin.com\/in\/aditi-chakraborty-131b3b379\"]},{\"@type\":\"Question\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/#faq-question-1791873385920\",\"position\":1,\"url\":\"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/#faq-question-1791873385920\",\"name\":\"1. What is a Bank Reconciliation Statement?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"A Bank Reconciliation Statement is prepared to identify and explain the differences between the bank balance in the cash book and the bank statement.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/#faq-question-1791873386945\",\"position\":2,\"url\":\"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/#faq-question-1791873386945\",\"name\":\"2. Why is a Bank Reconciliation Statement Prepared?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It is prepared to identify errors, record missing transactions, explain timing differences, and verify bank balances.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/#faq-question-1791873387581\",\"position\":3,\"url\":\"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/#faq-question-1791873387581\",\"name\":\"3. What are the Common Causes of differences in a BRS?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Common causes include uncleared cheques, cheques not presented for payment, bank charges, direct deposits, interest, and recording errors.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/#faq-question-1791873388518\",\"position\":4,\"url\":\"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/#faq-question-1791873388518\",\"name\":\"4. Who prepares a Bank Reconciliation statement?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It is generally prepared by the accountant, bookkeeper, or person responsible for maintaining the financial records of a business.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/#faq-question-1791873389058\",\"position\":5,\"url\":\"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/#faq-question-1791873389058\",\"name\":\"5. Do bank charges affect the Bank Reconciliation statement?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Yes, bank charges can cause a difference when they appear in the bank statement but have not yet been recorded in the cash book.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Bank Reconciliation Statement, Download Study Notes for JAIIB","description":"Prepare for the JAIIB 2026 exam by learning about the Bank Reconciliation Statement and its role in maintaining financial accuracy.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/","og_locale":"en_US","og_type":"article","og_title":"Bank Reconciliation Statement, Download Study Notes for JAIIB","og_description":"The Bank Reconciliation Statement (BRS) is an important accounting topic for candidates preparing for the JAIIB 2026 exam. It helps explain the","og_url":"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/","og_site_name":"Oliveboard","article_publisher":"https:\/\/www.facebook.com\/Oliveboard","article_published_time":"2026-10-13T06:52:47+00:00","article_modified_time":"2026-10-13T06:52:48+00:00","og_image":[{"width":730,"height":480,"url":"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2021\/12\/JAIIB-1-1.webp","type":"image\/webp"}],"author":"AditiOB","twitter_card":"summary_large_image","twitter_creator":"@Oliveboard","twitter_site":"@Oliveboard","twitter_misc":{"Written by":"AditiOB","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/#article","isPartOf":{"@id":"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/"},"author":{"name":"AditiOB","@id":"https:\/\/www.oliveboard.in\/blog\/#\/schema\/person\/0cbc4ac8555ced346681804861de062c"},"headline":"Bank Reconciliation Statement, Download Study Notes for JAIIB","datePublished":"2026-10-13T06:52:47+00:00","dateModified":"2026-10-13T06:52:48+00:00","mainEntityOfPage":{"@id":"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/"},"wordCount":1537,"publisher":{"@id":"https:\/\/www.oliveboard.in\/blog\/#organization"},"image":{"@id":"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/#primaryimage"},"thumbnailUrl":"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2021\/12\/JAIIB-1-1.webp","articleSection":["JAIIB"],"inLanguage":"en-US"},{"@type":["WebPage","FAQPage"],"@id":"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/","url":"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/","name":"Bank Reconciliation Statement, Download Study Notes for JAIIB","isPartOf":{"@id":"https:\/\/www.oliveboard.in\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/#primaryimage"},"image":{"@id":"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/#primaryimage"},"thumbnailUrl":"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2021\/12\/JAIIB-1-1.webp","datePublished":"2026-10-13T06:52:47+00:00","dateModified":"2026-10-13T06:52:48+00:00","description":"Prepare for the JAIIB 2026 exam by learning about the Bank Reconciliation Statement and its role in maintaining financial accuracy.","breadcrumb":{"@id":"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/#breadcrumb"},"mainEntity":[{"@id":"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/#faq-question-1791873385920"},{"@id":"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/#faq-question-1791873386945"},{"@id":"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/#faq-question-1791873387581"},{"@id":"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/#faq-question-1791873388518"},{"@id":"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/#faq-question-1791873389058"}],"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/#primaryimage","url":"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2021\/12\/JAIIB-1-1.webp","contentUrl":"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2021\/12\/JAIIB-1-1.webp","width":730,"height":480},{"@type":"BreadcrumbList","@id":"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.oliveboard.in\/blog\/"},{"@type":"ListItem","position":2,"name":"JAIIB-CAIIB \/ Promotion Exams","item":"https:\/\/www.oliveboard.in\/blog\/category\/jaiib-caiib-promotion\/"},{"@type":"ListItem","position":3,"name":"JAIIB","item":"https:\/\/www.oliveboard.in\/blog\/category\/jaiib-caiib-promotion\/jaiib\/"},{"@type":"ListItem","position":4,"name":"Bank Reconciliation Statement"}]},{"@type":"WebSite","@id":"https:\/\/www.oliveboard.in\/blog\/#website","url":"https:\/\/www.oliveboard.in\/blog\/","name":"Oliveboard","description":"Free Govt. Exam Alerts &amp; Resources","publisher":{"@id":"https:\/\/www.oliveboard.in\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.oliveboard.in\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.oliveboard.in\/blog\/#organization","name":"Oliveboard","url":"https:\/\/www.oliveboard.in\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.oliveboard.in\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2021\/11\/logo.png","contentUrl":"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2021\/11\/logo.png","width":150,"height":40,"caption":"Oliveboard"},"image":{"@id":"https:\/\/www.oliveboard.in\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/Oliveboard","https:\/\/x.com\/Oliveboard","https:\/\/www.instagram.com\/oliveboard.in\/","https:\/\/www.youtube.com\/channel\/UCRvrHAyNdOMI_JBkE2pjZtw?sub_confirmation=1"]},{"@type":"Person","@id":"https:\/\/www.oliveboard.in\/blog\/#\/schema\/person\/0cbc4ac8555ced346681804861de062c","name":"AditiOB","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.oliveboard.in\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/d1e881725409eac0bd9260c141e2a522d2a6a86c9dfeba73e8523e493f39e045?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/d1e881725409eac0bd9260c141e2a522d2a6a86c9dfeba73e8523e493f39e045?s=96&d=mm&r=g","caption":"AditiOB"},"description":"Hi, I\u2019m Aditi. I work as a Content Writer at Oliveboard, where I have been simplifying exam-related content for the past 4 years. I create clear and easy-to-understand guides for JAIIB, CAIIB, and UGC exams. My work includes breaking down notifications, admit cards, and exam updates, as well as preparing study plans and subject-wise strategies. My goal is to support working professionals in managing their exam preparation alongside a full-time job and to help them achieve career growth.","sameAs":["www.linkedin.com\/in\/aditi-chakraborty-131b3b379"]},{"@type":"Question","@id":"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/#faq-question-1791873385920","position":1,"url":"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/#faq-question-1791873385920","name":"1. What is a Bank Reconciliation Statement?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"A Bank Reconciliation Statement is prepared to identify and explain the differences between the bank balance in the cash book and the bank statement.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/#faq-question-1791873386945","position":2,"url":"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/#faq-question-1791873386945","name":"2. Why is a Bank Reconciliation Statement Prepared?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"It is prepared to identify errors, record missing transactions, explain timing differences, and verify bank balances.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/#faq-question-1791873387581","position":3,"url":"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/#faq-question-1791873387581","name":"3. What are the Common Causes of differences in a BRS?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Common causes include uncleared cheques, cheques not presented for payment, bank charges, direct deposits, interest, and recording errors.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/#faq-question-1791873388518","position":4,"url":"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/#faq-question-1791873388518","name":"4. Who prepares a Bank Reconciliation statement?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"It is generally prepared by the accountant, bookkeeper, or person responsible for maintaining the financial records of a business.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/#faq-question-1791873389058","position":5,"url":"https:\/\/www.oliveboard.in\/blog\/bank-reconciliation-statement\/#faq-question-1791873389058","name":"5. Do bank charges affect the Bank Reconciliation statement?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Yes, bank charges can cause a difference when they appear in the bank statement but have not yet been recorded in the cash book.","inLanguage":"en-US"},"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/www.oliveboard.in\/blog\/wp-json\/wp\/v2\/posts\/87195","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oliveboard.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oliveboard.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oliveboard.in\/blog\/wp-json\/wp\/v2\/users\/58"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oliveboard.in\/blog\/wp-json\/wp\/v2\/comments?post=87195"}],"version-history":[{"count":5,"href":"https:\/\/www.oliveboard.in\/blog\/wp-json\/wp\/v2\/posts\/87195\/revisions"}],"predecessor-version":[{"id":254075,"href":"https:\/\/www.oliveboard.in\/blog\/wp-json\/wp\/v2\/posts\/87195\/revisions\/254075"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oliveboard.in\/blog\/wp-json\/wp\/v2\/media\/254074"}],"wp:attachment":[{"href":"https:\/\/www.oliveboard.in\/blog\/wp-json\/wp\/v2\/media?parent=87195"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oliveboard.in\/blog\/wp-json\/wp\/v2\/categories?post=87195"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oliveboard.in\/blog\/wp-json\/wp\/v2\/tags?post=87195"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}