Everything you need to know about Account Reconciliation

Everything you need to know about Account Reconciliation

Entrepreneurs, small business owners, and CEOs of large corporations are all responsible for monitoring an organization's financial health. And, at the end of the day, it's a business leader's responsibility to ensure all accounts are balanced and accurate. Every account from bank accounts, to accounts payable ledgers and accounts receivable reports, must be accurately reconciled using real numbers that represent the true business activities. Businesses use these numbers for creating operating budgets, applying for loans, and meeting payroll.



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