Explain the checkbook reconciliation process

What will be an ideal response?

Once the office's bank statement arrives from the bank, the medical office manager must check off in the office's checkbook register the checks and deposits listed as processed on the statement. Next, the manager should add the end-of-month balance on the statement to any outstanding deposits in the office's checkbook register. From that number, any outstanding checks or automatic payments should be deducted. The resulting number should match the amount in the office's checkbook register.

Health Professions

You might also like to view...

Which of the following is NOT given out as patient education to relieve discomfort and help patients toward better health?

a. Dress comfortably according to the weather. b. Avoid tobacco. c. Cough or sneeze into a tissue. d. Decrease water intake.

Health Professions

A wide-area network includes computers that are placed far apart and connected by telephone lines

Indicate whether the statement is true or false

Health Professions