![]() QuickBooks accounting software accounts for all the financial transactions, which includes payments, reports, deposits, statements, and bank fees.Reconciling the bank and credit card accounts assists the users in the following ways: Many users are unaware of the benefits of reconciliation. The QuickBooks experts recommend to reconcile the bank & credit card accounts in QuickBooks software on a regular basis, as this will ensure the accuracy of accounting records. Reconciliation is the process in which the user can compare the financial transactions that are entered in the QuickBooks software with the bank/credit card company’s records. Reconciling bank and credit card accounts assists the users in catching any irregular, incorrect or unidentified transactions that might end up in wrong account balance. Learn the Procedure to Reconcile your bank accounts and credit card accounts in QuickBooks
0 Comments
Leave a Reply. |