Bank Reconciliation
مطابقة البنك
📖 Definition
Bank reconciliation is the process of matching your accounting records with bank statements to identify discrepancies, timing differences, and errors. Essential for accurate cash position reporting.
In everyday Saudi accounting work, bank reconciliation matters because it affects invoice accuracy, financial reporting, tax filing, or ZATCA compliance depending on the transaction.
📖 التعريف بالعربية
مطابقة البنك هي عملية مطابقة سجلاتك المحاسبية مع كشوف البنك لتحديد الفروقات والاختلافات الزمنية والأخطاء. ضرورية للتقارير الدقيقة للوضع النقدي.
💡 Example
Monthly bank reconciliation reveals a SAR 5,000 check issued but not yet cleared - explains the book vs. bank balance difference.
مطابقة البنك الشهرية تكشف عن شيك بقيمة 5,000 ريال صادر لكن لم يُصرف بعد - يفسر الفرق بين رصيد الدفاتر ورصيد البنك.
When this term matters
Invoices
Use the correct term and value before issuing ZATCA-compliant invoices or credit notes.
Reports
Map it to the right account, tax field, or compliance report to avoid reconciliation gaps.
Compliance
Keep the Arabic and English meaning aligned when working with auditors, ZATCA, or customers.
Automate Bank Reconciliation with Qeemah
Qeemah accounting software handles bank reconciliation automatically, ensuring ZATCA compliance and reducing manual work.