Bank Reconciliations

Learn the 10 Most Expensive Tax Mistakes that Can Cost You Thousands.

document retention

Bank Reconciliations

An important part of any accounting system is the reconciliation of the book balance to the balance as shown on the company’s bank statement.  Bank reconciliations play an important role in identifying erroneous or double entered transactions.  Also, transactions are identified through this process that were processed through the bank account but not recorded on the company’s books.  This serves as a part of the company’s internal control process to detect unauthorized transactions.

accounting firm in indianapolis

About OnTarget CPA

OnTarget CPA is a certified public accounting firm offering business accounting services and tax preparation. Consult with OnTarget CPA for guidance on efficient and profitable business operations and strategies to achieve corporate growth objectives.

Schedule a Free Consultation or Upload a File

Call to schedule a free consultation with our professional staff today. Whether you need business accounting services, personal tax preparation, or other financial services, OnTarget can help with your accounting needs.