RECONCILIATIONS

Reconciling the general ledger cash account to the bank statement can help find errors like: missing bank deposits, unposted or incorrectly posted check,  EFTs and ACHs payments, and overcharges for banking and merchant fees to name a few.   

Reconciling the cash and bank statement balances is a good cash management process for any organization to have in place.   It’s a process that allow the organization to know it’s true cash balance, which is important when making financial decisions.

Allow Zeno & Associates, Inc to assist you with your reconciliations so you can make sound judgements regarding your business!