Month end reconciliation is the process of comparing and matching two sets of financial records at the end of a month. It is commonly performed by businesses and organizations to ensure that their financial statements accurately reflect the transactions that occurred during the month. The two sets of financial records typically compared in a month end reconciliation include the organization's internal records and the external records, such as bank statements or credit card statements. The purpose of this comparison is to identify any discrepancies or errors in the financial records, which may include discrepancies in the amounts recorded, timing of the transactions, or even missing transactions.