Where do outstanding checks go on a bank reconciliation?

When performing a bank reconciliation, all outstanding checks go under the list of outstanding checks on the document. The checks remain on the document until they clear the bank, at which time they are removed from the list for that month.

The reconciliation is typically performed monthly. All outstanding checks should be removed the same month that they are cleared through the company's bank account, with uncleared checks carried over to the next month. Bank reconciliations are conducted to ensure that the company's accounting records match the bank's records. For checks, the process of reconciliation involves subtracting the total balance of the outstanding check list from the bank balance.