What is another word for balances account?
Pronunciation: [bˈalənsɪz ɐkˈa͡ʊnt] (IPA) 
Balances account is commonly referred to as reconciling an account. It involves verifying the accuracy of financial transactions recorded in a company's financial statements. Synonyms for balances account include: reconciles, verifies, settles, checks, balances, tunes, matches, adjusts, rectifies, and regulates.
It is an essential task in every accounting department to ensure the accounts are up to date and reconciled with the bank statements, invoices, and other financial records. By balancing accounts, errors can be detected and corrected, and it enables the organization to have an accurate overview of their financial standing. So, whether you are a business owner or an accountant, it's important to know the synonyms for the phrase balances account to ensure you are accurately maintaining your financial records.
