As the owner, operator, or manager of a business you understand how frustrating it can be when you don’t have time to accomplish everything on your to-do list. What’s equally frustrating is the task of trying to prioritize running your business while tackling the important back-end accounting work that measures and monitors your cash flow.
One of these tedious back-end tasks is account reconciliation. This is the important process of comparing the numbers in an account with another financial record to verify that the balances match. Reconciling your accounts allows you to catch entry errors, prevent overspending, stop fraudulent activity, and create accurate financial statements. Sounds great, right? It is – in fact, having a consistent process for AR, and prioritizing it in your business, can provide you with increased stability and protection from common small business setbacks.
This is a great time to take a moment to assess your business’s financial state and accounting processes. Ask yourself whether you have someone on your team who has the time availability and know-how to accomplish your AR work.
At APTUS, we understand the importance of ensuring that your business has stable financial processes in place. That’s why we supply comprehensive financial accounting services that include a broad range of financial account systems, from paying your bills to making sure your payroll is done correctly and on time. Our CPA-level leadership has the experience and capacity to provide you automated account reconciliation – now that’s a beautiful thing!
Are you looking to take your business’s accounting and financial management to the next level?
If you’re struggling to complete your accounting on time, manage your cash flow, and reconcile your bank accounts each month, our latest E-book, Six Accounting Practices for Small businesses, can help. It provides a personalized strategy for your business to get organized and follow best practices for accounting and financial success.
Take APTUS’s quick Financial Health quiz and receive a copy of our E-book in your inbox – customized to your business’s current financial state. You will discover the breakdown of what those specific practices are, why they are important, and how you can utilize them in your business to easily set yourself up for success.