𝐌𝐚𝐭𝐜𝐡 𝐲𝐨𝐮𝐫 𝐛𝐚𝐧𝐤 𝐬𝐭𝐚𝐭𝐞𝐦𝐞𝐧𝐭𝐬 𝐭𝐨 𝐲𝐨𝐮𝐫 𝐛𝐨𝐨𝐤𝐬 𝐰𝐞𝐞𝐤𝐥𝐲—𝐧𝐨𝐭 𝐣𝐮𝐬𝐭 𝐦𝐨𝐧𝐭𝐡𝐥𝐲
💡 Why it matters: Waiting until month-end to reconcile can let errors, fraud, or cash flow issues linger too long. Weekly reconciliation helps you:
Spot duplicate charges or missing deposits fasterStay on top of overdue invoices or upcoming bills
Keep your books clean and investor/lender-ready at all times
🔍 Bonus Tip: Automate bank feeds in your accounting software (like QuickBooks or Xero) and block 30 minutes each Friday for a quick check-in.
𝑰𝒕’𝒔 𝒂 𝒔𝒎𝒂𝒍𝒍 𝒉𝒂𝒃𝒊𝒕 𝒕𝒉𝒂𝒕 𝒃𝒖𝒊𝒍𝒅𝒔 𝒃𝒊𝒈 𝒇𝒊𝒏𝒂𝒏𝒄𝒊𝒂𝒍 𝒄𝒍𝒂𝒓𝒊𝒕𝒚. 👍
ConstructionAccounting GCBookkeeping JobCostingMatters
ContractorTips KnowYourMargins WeeklyReconciliation
TrackYourCosts SmallGCFinance ConstructionCashFlow
BuiltOnNumbers AccountingTip SmallBusinessFinance
BookkeepingBasics BusinessTips EntrepreneurFinance
CashFlowMatters FinancialClarity KnowYourNumbers
WeeklyReconciliation SmartBusinessMoves accountant consultant outsourcedaccountant travelingaccountant jobcost palmbeach
Comments
Post a Comment