The amounts relating to recorded transactions in the account have been recorded appropriately and the overall account balance is accurate.
1. Ensure you understand the account. What is the account purpose, and what information should be used to support and understand the account transactions and balance. If you are not sure ask colleagues for advice and help.
2. Ensure the reconciliation is regularly completed and issues are promptly resolved. It is much easier to understand and clear an issue shortly after it has happend rather than struggling to remember what occured and why several months later.
3. Ensure the reconciliation has actually been performed. Do not simply roll forward a previous reconciliation without evaluating whether it is still accurate.
4. Where available agree the account balance and/or transaction values to an external source of information such as a bank statement, supplier statement, contract or schedule.