Saturday, April 18, 2015

How often should you bank reconcile?

How often should you bank reconcile?
It depends on how many items are going theough the account and how often you need to reconcile. Many banks only produce personal statements on a monthly basis and so a monthly reconciliation may be OK. If you need to definitely see what is in your bank account more often than monthly then see if the bank will produce the statements on a fortnightly or even weekly basis.

No comments:

Post a Comment