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Daily Archives: November 30, 2022

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The Importance of Account Reconciliation

Growth, Strategic MovesBy adminNovember 30, 2022Leave a comment

Account reconciliation is defined as an accounting process that seeks to check two sets of records (often internal and external) to ensure that the figures are accurate and in agreement – so they reconcile. This is important because it helps the bookkeeper detect mistakes, discrepancies, or fraud that could severely impact the financial health of…

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