Are Used To Describe And Improve The Transformation Process In Business

Keeping CheckbookNameInstitutional affiliationStartRecording transactions on a checkbookRequesting bank statement from the bankConducting a comparison between the transactions on the checkbook and bank statementSatisfied with the reconciliation?YESNOComparing the transactions againNOYESContact the bank for help in resolving any discrepancySatisfied with the reconciliation?Filling the statementEndFlow Chart in WordsCheckbook is a small book that an individual uses for checking accounts and paying for goods and services. When keeping checkbook, it is vital that a person starts by recording transactions. After recording transactions, an individual needs to request for the bank statement from the bank. Once the statement is obtained, he/she should conduct a comparison between the transactions in the checkbook and the bank statement. If a person is satisfied he/she can proceed to file the statement. If a person is not satisfied, he/she can conduct the comparison again. If a person is satisfied he/she can file the statement. However, if one is still not satisfied, he/she can contact the bank for help in resolving any discrepancies that arose.<span