Our accounting reconciliation services include
Account reconciliation is the process of verifying an organization’s financial records and transactions in order to detect discrepancies if any to reconcile the same. Basically, there are five core types of account reconciliation:
Bank reconciliation
Business reconciliation
Intercompany Reconciliation
Customer reconciliation
Vendor reconciliation
Efficient bank account reconciliation is vital for auditors to determine the correctness of a company’s financial statements and to ensure compliance with regulatory statements. It is better to outsource your account reconciliation as it requires a lot of work and accomplishment.
That’s why BnC is here to provide all the necessary services for your needs.
We have a team of professional experts for the process of account reconciliations that provides you with secured services. We help you with a reduction in administrative and account expenses. Moreover, we have the latest advanced technological software for reconciliation services.
At BnC, we use the latest technological software for your account reconciliation solutions. Some of them are:
Benefits of Control Accounts Reconciliation
Control account reconciliations are general ledger accounts that are used to compile a large number of transactions. As a result, they are included in the double-entry system.
They are used to demonstrate the accuracy of the ledger accounting system.
They are typically used in relation to payables and receivables balances.
