Bank reconciliation is an important part of keeping track of your finances. Many small businesses and
individuals don't bother reconciling their accounts. If you don't reconcile your accounts you won't really
know the true balance of cash you have available. Sometimes, it takes months for a check to clear the
bank, which can give you false balances when looking at your account on-line. By reconciling, you could
possibly discover electronic errors made by the bank or stores. A few months ago I found a duplicate
transaction that was processed by the grocery store that I frequent. Had I not reconciled my account, I
never would have noticed the problem and the grocery store would have been that much richer.
Reconciling your accounts when using Quickbooks is a lot quicker than doing it manually. One training
session with me on reconciling your accounts will take you to the next step of keeping better track of
If reconciling your accounts isn't something you want to do yourself, I can help you with that. When
reconciling accounts for clients, I review their transactions and let them know if something doesn't look
quite right. By monitoring transactions on a monthly basis it can save you time at year-end and you
might even save some money when your CPA prepares your tax return.
Call us today 207-229-0874 to find out how our Bank Reconciliation program can help you and your business.