General Ledger Reconciliation is the process of ensuring that all related financial transactions are correctly recorded and categorized, allowing for accurate and up-to-date reporting. It involves comparing the transactions and balances that appear in multiple accounts and ensuring that they are consistent with each other. By taking the time to review and reconcile financial statements, organizations can ensure that their books are in order and that any discrepancies can be identified and addressed quickly. With efficient general ledger reconciliation, businesses can make informed decisions, maintain high levels of accuracy, and stay compliant with financial regulations.