Bank reconciliations aren’t just for bookkeeping and accounting professionals.
They aren’t some useless report that we like to do for the heck of it…
This is a report that can actually save you for losing money… so I bet you’re wondering…
What the heck are bank reconciliations? And why do you need to do them? (yes, NEED)… and since you NEED to do them, when should you do them…
Mentioned in today’s episode:
- Answers to all those questions
- briefly touch on for how you can get it done
- with the help of accounting software (if you’re already using it).
Additional resources:
- Software recommendation: Xero (affiliate link)
- Product recommendation: Money Metrics Tracker Bundle
- Checklist recommendation: Money Matters Checklist
Remember, this is an open discussion. If you have a question that you’d like me to answer on an upcoming episode, send an email to [email protected].
If you’re hanging out on social media, you can find me on Facebook, Instagram or Twitter…as @thecommoncents.