Account reconciliation is making sure that your liquid assets match your checkbook balance. Basically, it is making sure that all of your money is accounted for, whether it is through expenditures, interest rates accruing, or money just sitting there. You need to do account reconciliation for yourself and for your business and it is simpler than you might think. Here are some tips on how to get started.
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What Is Accounts Reconciliations? How To Keep Control Of Your Books