Client Testimonials

"Jim's Bookkeeping has relieved me of the Stress of lodging BASs on time and enabled me to focus on building the business rather than doing the bookwork. Thanks to Jim's now I have time to play my ukulele."

Chris Ivory
Owner
Northern Sewing Machines

"Thank you very much for the time and effort you have spent over the last 8 months or so, not only keeping the business on track with the books. Please extend my thanks to them as I know we certainly aren't your easiest clients."

Ollie, General Manager
Heritage

Leader Business Achiever Award


Tip No. 3: Reconcile your Bank Accounts


By doing a reconciliation you are checking your own internal records against those of the external records of the bank. Errors can occur and it is best to discover these as soon as possible. It is normal practice to reconcile your bank deposits and cash payments at least monthly and it is strongly suggested that this should also be done for credit cards, loan accounts and clearing accounts.

All transactions should be traced back to an original document and the figures checked to see that they are not only accurate but also that the entry has been made for the correct date and against the correct ledger account.



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