
1. Why is my statement balance different from my register balance?
Your statement balance comprises only those transactions that were managed, or cleared, through your bank before the cut-off date printed on the statement. Your register balance must include all transactions, whether or not they have been managedthrough your bank. This is why the two documents requireto be reconciled, or balanced.
2. Why do I require to reconcile commission statements?
The Carriers make errors just like everyone else. The commission statements are prearranged in a complex manner and it is not easy to find errors. Subsequently it is tough to find those errors; it is very possible you may not find missing activation commissions and other payments that you are due.