What is an account analysis?

Account analysis is a detailed overview provided by the Bank for Corporate Customers and offers information about the services that the bank made for business during the accounting period. It could be compared to personal statements that banks send their private customers to introduce them to all account activities recorded by the bank. Usually, the account analysis is sent once a month, usually within a specified date, so banks and customers can use a consistent accounting period to monitor financial activities. If there are outstanding checks, as well as account balances, any charges incurred during the month, and other information that may be relevant to the customer. An account analysis can also provide an overview with information about the average balances and financial activities during the accounting period.

This statement is carefully reviewed by an accountant or someone who has a hundredRosti keeping the financial record. The information is verified to confirm that it corresponds to internal records and any differences are recorded so that they can be questioned and solved. In addition, fees and fees are entered as accounting records so that the company can keep its records up to date. If fees arise due to problems such as poor checks written by the creditor, the Company can use information about the account analysis to generate an account to the customer to compensate for fees.

The descriptive statement is lodged after reviewing it, so it can be referenced if necessary. If any problems or discrepancies are observed, they are discussed with the bank. Sometimes banks make mistakes such as deducting a check twice, or the accountant can't record activity and is confused when it appears on the statement. Banks usually have a staff that focuses on the merging of their commercial customers to clean these matters quickly.

The term 'account analysis' is also used in ÚPMuching costs to describe account reviews, classification of expenditure as variable or fixed and then analyzes them. This information is used for different purposes because people are responsible for business activity and are looking for ways to do business more efficiently and efficiently. Accounting costs usually perform an account analysis and the process can become very complex.