Credit Card Reconciliation is the process of ensuring accuracy between the purchased items on a credit card statement and the corresponding records in a company’s accounting system. It’s an essential part of managing any business’ financial responsibility, as it ensures that all charges are accurate and accounted for. The process involves checking every credit card transaction against the original order, verifying that the amount charged matches the total due, and confirming that taxes, discounts, and other adjustments were properly applied. By doing so, businesses can ensure that their revenue is properly recorded, tracked, and managed. With a good Credit Card Reconciliation Procedure in place, any discrepancies or errors can be quickly and accurately identified – leaving businesses free to focus on what really matters: growing their business.