Another name for Bank Reconciliation Statement.
Bank rec is another name for Bank Reconciliation Statement. The detective work of matching your books against the bank's records to find every missing rupee.
The two names mean the same thing. You will see "bank rec" in some ledgers, reports and contracts and "Bank Reconciliation Statement" in others. The full entry covers how it works, with examples.
ERP What is a Bank Reconciliation Statement? Format, Steps and Example A bank reconciliation statement (BRS) explains the gap between the cash book balance and the bank statement balance on a date, item by item, until they agree. Dhatri Medarametla 3 min 
ERP Month-End Close Process: Steps and Checklist The month-end close is how finance records, reconciles and reviews a month so the books can be locked. Steps, a GST and TDS checklist, and a close calendar. Dhatri Medarametla 3 min 
AP Vendor Reconciliation: Process, Format and Example Vendor reconciliation matches your ledger for a supplier with its statement and explains every difference, such as payments in transit, TDS and debit notes. OneFinOps Editorial 3 min