Tips & News
Reconciling your bank statement in QuickBooks.
Yes, you should be reconciling at least your bank accounts monthly. The biggest reasons are:
Detect Fraud: You want to catch fraudulent charges as quickly as possible to report them to your bank and take necessary actions. Suppose you’re not reviewing and reconciling your accounts with the bills you’ve entered into QuickBooks (or whatever accounting software you use). In that case, it can be easy to miss extra charges, especially if you run a lot of smaller or similar-priced transactions through your business.
Getting Paid as an LLC Owner: The Lowdown on Draws and Guaranteed Payments
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Avoiding Costly Scams When Starting Your Business
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