A Bank Reconciliations involves matching the transactions you have entered into your accounting software with the real transactions recorded in your bank account and credit cards.
Importing bank files, setting up bank feeds and using receipt capture software are some of the innovations which make bank reconciliation easier and more accurate.
Online accounting software like QuickBooks Online, Xero and MYOB Business Pro make regular improvements in this area and have spent millions of dollars creating software and buying software companies to make their software more appealing.
Read about these features and updates.
Bank Reconciliation is considered a Beginner Level skill in bookkeeping and we offer short courses and training manuals to give you practical training to help you learn about the types of transactions and how to deal with them.
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Bookkeeping Courses and Training Workbooks to help you learn Bank Reconciliation
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