It’s that time of the month!
The time when financial statements for your bank and credit card accounts have closed out the current posting period.
Now to Reconcile!
Why should you reconcile your accounts?
When you reconcile an account, you are comparing the bank or credit card statement of transactions to your internal accounting.
By doing this, you can catch potential fraud or easily see any accounting errors and areas where productivity can be improved.
Reconciling your accounts gives you a clear view of your company’s financial state, and can help you better understand how your business is working for you.
If you need help getting your business finances in order, call Bookkeeping Tampa Bay! We have a bookkeeping plan that will work for your business.