Bank reconciliation? What is a bank reconciliation?
What are these cheques that you have in England?
A few years back I was recruited to advise a Dutch company that wanted to introduce a (very good) accounts package into the UK. One thing I noticed was that the package didnt have a bank reconciliation module.
I told them that this was very important in our country. But they said that nobody needed one in Holland and they couldnt understand why people needed one in England. And I couldnt understand why they couldnt understand. It was a dialogue of the deaf.
Eventually we sorted it out. In Holland and most other European countries, if someone wants to pay a bill, they do it differently. In the UK we send a cheque to the supplier, who presents it to their bank. But the continental way is...