Carrying out monthly reconciliations
Reconciling your bank account on a regular basis is critical. When you get to the year end, if this doesn’t reconcile your accounts will be wrong. You could end up paying too much tax because you’ve missed allowable expenses. Or you risk fines and penalties from HM Revenue and Customs because you’ve missed taxable income. Or you have to pay higher accountancy fees for the accountant to sort it out.
So what we do is reconcile your bank account every month. We will also carry out the following reconciliations for you every month to make sure everything is accurate:
“The System will make your life easier and remove clutter by filing paperwork in the cloud.”
Get the most out of your business
If you would like a no-strings-attached free appointment to discuss implementing a cloud bookkeeping solution or You have a friend who would like help with their business then please contact our team.