Bank reconciliation involves cross checking the amount in your account with your general ledger or cash book, to ensure that the amounts received are accurate and complete.
By comparing your bank statement to your cash book you can ensure that you bank account has safely received all the transactions you expect.
Regular bank reconciliation, will pinpoint and errors or delays and will also will ensure that all your transactions have been posted to the cash book and also flag up any inadvertent mistakes made in your cash book.
To find out how Salhan Fund Flow can help you and your business, please contact us.
