Bank Reconciliations

Reconciling your bank accounts each month keeps your records up-to-date and gives you an accurate understanding of cash available for your business. Having us reconcile your account each month allows you to:

  • Identify lost checks, lost deposits and/or unauthorized wire transactions.
  • Potentially detect and prevent excess/unjustified bank charge.
  • Ensure transactions are posted correctly by your bank.
  • Potentially detect and prevent embezzlement of funds from within your company.
  • Understand how your business is doing. You cannot truly understand the financial position of your business unless all accounts are reconciled and properly accounted for on your financial statements.
  • Manage your cash more effectively.
  • Dispute unauthorized, fraudulent or forged checks presented and paid by your bank before fraud goes too far.