Reconciliation is the name of a process that reconciles two different accounts. Bank reconciliations match the amount spent with the account. The process has its benefits given that it helps in avoiding bank errors, balance sheet errors which might otherwise have a serious impact. Not only this, but the process helps in detecting any possible fraud along with instilling financial integrity.
Escrow Consulting Group’s accounting services can help you with this tough job. Do you need accounting services for performing your reconciliations? Whether you need an accountant or Audit for small business you are at the right place.