Bank reconciliations must be done every month! If you do not accurately account for deposits made and checks written then you will inevitably end up bouncing checks because of lack of funds. You could literally waste hundreds of dollars a month in check charges to your bank by not knowing exactly how much money is in your bank account at all times.
Donīt just sit there - Go reconcile that bank statement!
Now one of the top on-line publishers in the world, LifeTips offers tips to millions of monthly visitors. Our mission mission is to make your life smarter, better, faster and wiser. Expert writers earn dough for what they know. And exclusive sponsors in each niche topic help us make-it-all happen.