Account Reconciliation: A Beginner's Guide

Author: External Author | | Categories: Money Management , QuickBooks ProAdvisor , Remote Bookkeeping Services , Small Business Bookkeeping

Outside of selling their products and services, one of the most important things a small business owner can do is reconcile their accounts. Account reconciliation is simply the act of reconciling one set of transactions with another set to ensure both sets match.

Learn which general ledger accounts should be reconciled regularly, and key things to look for during the account reconciliation process.

Original Article Source Credits:   The Motley Fool -  The Blueprint , https://www.fool.com/the-blueprint/

Article Written By:  Mary Girsch-Bock

Original Article Posted on:  November 7, 2020

Link to Original Article:  https://www.fool.com/the-blueprint/account-reconciliation/#:~:text=If%20you%20use%20double%2Dentry,reflected%20in%20your%20general%20ledger.

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