Bank Reconciliations

If you have an automatic bank feed we can reconcile it to your accounts and ask you about any items we cannot match to your accounts. The value of keeping your bank reconciliations up to date are:

1) Identifying which customers have paid you;

2) Making sure all supplier payments are allocated to the relevant supplier so you do not risk double paying;

3) Keeping track of any direct debits or standing orders and identifying any payments that there is no documentation for.