Chief Operating Officer Portfolio

Balance sheet reconciliations

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Balance sheet reconciliations are performed monthly to ensure transactions are timely and accurately reported.

The purpose of the process is to identify, track, document and explain transactional differences between the general ledger and sub-ledger balances and other independent sources and, to identify and guard against fraudulent activites and minimise losses.

Contact the Financial Accounting team in Corporate Finance if you have questions about balance sheet reconciliations.

  1. Email notification
  2. Complete the reconciliation
  3. Reconciliations signed off
  1. Reconciliations returned
  2. Reconciliations reviewed

4. Reconciliations returned

Reconciliations are returned to the financial accounting division within 10 working days following the original email request.