Learn what book balance is, how it differs from bank balance, and see practical examples. Understand how reconciling these balances is crucial for cash flow management.
As a business owner, keeping an eye on your bank balance is one of the most essential things you will do. After all, it can determine how much you can spend on new equipment, staff, marketing, and ...
Reconciling your bank transactions to your business book is essential to the financial health of your company. However, if you’ve never reconciled your company’s transactions before, the process can ...