Monthly Reconciliation
Bank, credit card, and merchant accounts are reconciled against the general ledger, ensuring discrepancies are identified promptly and corrective actions are documented.
P&L Statements track your expenses over time to show your profitability.
Your Balance Sheet will be able to show what you own versus what you owe giving a picture of your business's overall financial health.
Tracking money owed by customers via invoices and email clients with reminders to pay, helping you to get paid faster and help your business to grow quicker.
Tracking the money that your business owes to vendors, suppliers, or service providers is critical to keeping on top of your cash flow, and avoiding costly late fees that can compound very quickly.