Are you ignoring that your bank reconciliation is not zero?

Why Is It Important to Do a Bank Reconciliation? Doing a Bank Reconciliation can be quite cathartic as it is very methodical. It is also an important task to complete regularly. The purpose is to make sure that the entries on your bank statement match what is in your accounts. This will enable you to identify any discrepancies and resolve … Read More

How do you do a Bank Reconciliation in Sage 50?

What is a bank reconciliation? The purpose of a bank reconciliation is to check that your company’s financial records match their bank statements and to ensure charges and interest payments are recorded. This will enable you to produce your own statement to compare the transactions. If they match, then your reconciliation is complete, and you can be confident that your … Read More