October 01 2022 finance & accounting

Bank Reconciliation in Xero Software
Bank reconciliation protects your business from fraud, accounting errors, and mismanaged funds. At a minimum, it’s best to reconcile your bank and bookkeeping records daily, weekly, or monthly to catch errors immediately. It can be a tedious process. Nonetheless, it’s critical to your financial health. Good thing, Xero accounting software can make this process easier …