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CLOSING A FISCAL PERIOD
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LESSON 6: RECONCILIATIONS
Learning Objectives
• Analyze and Perform Various Monthly Reconciliations
o Bank Reconciliation Process
o Reconcile the Project Subledger to the General Ledger
o Run Project Cost Summary (JSR) Report
Introduction
Many companies perform various monthly reconciliations to verify that the amounts
recorded in their General Ledger as part of the Fiscal Close process. Some will
reconcile each account on the Balance Sheet. Included in the process is the Bank
Reconciliation.
Lesson 6 Overview Video (for SDL only)
LESSON 6: RECONCILIATIONS Page 48
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