Bank reconciliation is potentially the most fundamental and yet most important step in proper bookkeeping. That is why SBS takes it so seriously. By reconciling your bank accounts on a regular basis, Sound Business Services will help you:
- Identify lost checks or missing deposits
- Detect and prevent against embezzlement of your funds
- Avoid excessive or unjustified bank fees
- Quickly detect potential fraudulent activity
- Know your books are accurate and up to date
Wherever possible, SBS reconciles on a monthly basis. Reconciliation reports are saved and kept as part of each client’s records.