Reconciling your business bank account monthly ensures you’ve correctly accounted for all transactions. It’s also the best way to catch and correct any missed or potentially fraudulent transactions.

Errors occur everyday and it is no surprise a bank or you may make an error in regards to a bank account. A bank reconciliation will eliminate errors by working ...

Reconciling a business bank account is the process of checking recorded transactions against those reflected on bank statements. From there, you’ll note which transactions aren’t reflected in both ...