Every business must monitor the flow of cash into and the flow of cash out of business for the purpose of control. Therefore, this topic, will give you an introduction to reconciliations. With cheques out, changes were made, especially in this topic. Bank Reconciliation is one aspect of the topic, Creditors Reconciliation is the other part, and Debtors Reconciliation, the third part, which was covered in Grade 10 and will be relevant for Grade 12. Reconciliations is a Paper 2 topic, which focus is MANAGERIAL ACCOUNTING, FORECASTING AND INTERNAL CONTROL PROCESSES, and it is allocated three weeks on the Recovery Annual Teaching Plan.