Essential Steps for Effective Bank Reconciliation

Bank reconciliation is a crucial bookkeeping task that ensures your accounting records align with your bank statements. Reconciling your accounts regularly helps identify errors, detect fraud, and maintain accurate financial records. This post outlines the steps involved in performing a bank reconciliation manually, with references to how this process works in QuickBooks Online (QBO), QuickBooks Desktop, and Xero. What Is…

Comments Off on Essential Steps for Effective Bank Reconciliation

Business Matters Newsletter – October 2014

Welcome to the October 2014 edition of Business Matters. Business Matters is a bimonthly newsletter focused mainly on businesses and entrepreneurs. The topics in this newsletter goes beyond taxation and touch on a number of topics that affect businesses. Like our Tax, Tips and Traps Newsletter, Business Matters is available by download and may be printed for your own use…

Comments Off on Business Matters Newsletter – October 2014