Expressions used in Everyday Spoken English in Social and Professional contexts
To 'reconcile' is to repair relations between two or more parties or to settle or forgive an argument or disagreement. To 'reconcile' can also mean to be or make compatible or to make one thing consistent with another. This is a verb that can be used in social and professional contexts.
In a financial context to 'reconcile' is to make two accounts or records consistent with each other or to be 'in agreement'.