Bank Account Reconciliations

One of the most tedious tasks for any business is the reconciliation and balancing of their bank accounts. As we transition into a more internet savvy environment with much of our banking done online, it makes that task even harder. Some companies have transitioned to online bill payment and transfers, which has automated a large portion of their bank transactions each month.

This transition to more online banking products has increased the need for regular bank account reconciliations for all of our business clients. As part of our bookkeeping services, our clients have a dedicated accountant working directly with them on their bank account reconciliations. BHRS continues to work closely with clients to develop a relationship with their bank, to ensure that all information is received in a timely manner. Your accountant will work with you on monthly reconciliations, providing you with timely information regarding errors or miscalculations.

Why is this important? You want to make sure someone else is watching your bank account transactions, as it is vital that a small business has as many internal controls as possible. If you are limited on staff and have one person handling all of your banking functions, it may be prudent to use us as another “set of eyes” to protect your interests.

Want to streamline your bank reconciliation paperwork and make the process even easier? Take a look under our Quickbooks and accounting software area for ideas on a software program that will help you. We’re happy to assist in finding and training you on something that fits your needs.

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Call us today at 913-491-5080 for more information on Bank Account Reconciliations or any of our accounting services.