Posting Transactions & Bank Reconciliation

Posting Transactions

We will post your income, expenses and numerous other transactions to their appropriate accounts following a format that allows for easy tracking and future reoprting.

Having us post your transactions each period allows you to...

  • Keep a consistant and accurate picture of your businesses financial position.
     
  • Make timely decisions based on up to date information.
     
  • Sleep Better knowing your bank accounts are reconciled, in balance and that all escrow funds, accounts, checks and disbursed funds are properly accounted for.

Bank Reconciliation

Reconciling your business checking account each month allow us to keep your bank account, accounting, and taxes up-to-date.

Having us reconcile your account each month allows you to...

  • Identify lost checks, lost deposits and unauthorized wire transactions.
     
  • Detect and prevent excess/unjustified bank charges and ensures transactions are posted correctly by your bank.
     
  • Detect and prevent embezzlement of funds from within your company.
     
  • Know how your business is doing?  You can't really know unless all accounts are reconciled and properly accounted for on your financial statement.
     
  • Manage your cash more effectively.  Proper management of funds not only saves money, it makes money for you.
     
  • Protect yourself.  By timely reconciling and promptly objecting to your bank about any unauthorized, fraudulent or forged checks presented to your bank and paid by that bank, you can relieve your agency of responsibility for the shortfall and transfer the risk to the bank.  This reason to reconcile alone should be enough.  Crime exists.

Return to:  Bookkeeping Services

If you'd like to learn more about this or other services we offer please call, stop by, or complete this form.

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