How does exactly do Bank Reconciliations Work?

When the settlement, the elements contained in the bank statement are compared to the GL account in the bank reconciliation module. Items that have cleared the bank are recorded and placed in conciliation. GL items are not recorded in the bank reconciliation in a separate section. After all items of the bank account is checked, a quick check can be done to find the flaws in this process.

Bank reconciliations have two sections: 
 
One on the pending GL and a bench for the pending rules. Each section is added to a final balance, which should reach the same amount. OUTSTANDING ISSUES GL are generally acceptable because it clears the bank the following month. Bank outstanding issues should be investigated and published in the month being reconciled.