When drafting a request letter for the reconciliation of accounts, clarity and politeness are paramount. Clearly state the purpose of the letter, including details such as the completed service, relevant purchase order, completion date, and attachment of the account statement. Politely request reconciliation and offer assistance if needed. Avoid using unclear language and ensure all necessary information is included for a prompt response.

Table of Contents:

Sample Letter for Reconciliation of statement of accounts

To,
__________
__________
__________ (Recipient Details)

Date: __/__/____ (Date)

Subject: Reconciliation of statement of accounts

Dear Sir/ Madam,

This letter is in reference with our work against your purchase order __________ for _________ (Service provided) at _____________ (Location) is completed/ was completed on _________ (Completion Date).

Our account statement related to the work done is attached herewith. Kindly arrange for reconciliation of the same with your books & inform us of the difference, if any. At the same time, if you can arrange to share our ledger in your books, it will be highly appreciable.

Thanking you,
__________ (Signature)
__________ (Name)
__________ (Contact Details)

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FAQs

  • What is the purpose of requesting reconciliation of accounts?
    • The purpose of requesting reconciliation of accounts is to ensure accuracy and consistency between the records maintained by both parties involved in a transaction or service provision.
  • How should I provide the account statement for reconciliation?
    • You can provide the account statement either physically or electronically, depending on the preferred mode of communication established with the recipient. Ensure that the statement is comprehensive and clearly indicates the transactions or services provided.
  • What should I do if discrepancies are found during reconciliation?
    • If discrepancies are identified during reconciliation, it is important to promptly notify the other party and work collaboratively to investigate and resolve the discrepancies. Open communication and cooperation are key to reaching a resolution.
  • Is it common to share ledgers between parties during account reconciliation?
    • Yes, it is not uncommon for parties involved in a transaction or service provision to share ledgers to facilitate the reconciliation process. Sharing ledgers allows each party to verify the accuracy of the transactions recorded in their respective records.
  • How long does it typically take to complete the reconciliation process?
    • The time required to complete the reconciliation process may vary depending on factors such as the complexity of the transactions involved and the responsiveness of the parties. It is advisable to establish a timeline for reconciliation and follow up as necessary to ensure timely resolution.

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