Monthly Reconciliations
On a monthly basis, we will verify that the subsidiary ledgers agree to the general ledger. In other words, we identify any discrepancies in accounts receivable, accounts payable and job costing.
Checking the accuracy of accounts receivable, ensures a solid cash flow and avoids overstating revenue.
Reconciling vendor statements, helps to prevent double payments or vendor over-invoicing.
We will ensure that job costs are recorded correctly in general ledger.
Each month we will reconcile your cash account book balance to the bank statements.
We will also reconcile your credit card accounts to the credit card statements.
Balancing general ledger is important to produce accurate and timely financial statements.
Monthly reconciliations ensures that we have no unpleasant surprises at year end.
Checking the accuracy of accounts receivable, ensures a solid cash flow and avoids overstating revenue.
Reconciling vendor statements, helps to prevent double payments or vendor over-invoicing.
We will ensure that job costs are recorded correctly in general ledger.
Each month we will reconcile your cash account book balance to the bank statements.
We will also reconcile your credit card accounts to the credit card statements.
Balancing general ledger is important to produce accurate and timely financial statements.
Monthly reconciliations ensures that we have no unpleasant surprises at year end.
