Reconciliation Services are essential to verify the consistency of the money coming in and going out. Essentially the service is important for companies, or medium sized enterprises who work with large number of transactions. The Services also take care of the verification with calculations, made by Banking concerns or credit card companies.
Reconciling is carried up after figuring out an discrepancy found in the financial records of the company. The discrepancies are reported and reconciled. Such, services are required to effectively manage Audit eventualities, thereby allowing for a healthy maintenance of the company’s financial records.
The service, essentially is a focused job carried which is carried out by specialists in their respective field, while keeping an eye to figure out discrepancies. The job allows for little or no mistakes therefore asks for specialists such as Konnect FAO, to take care of the services.
Our Reconciliation Services include
- Credit Card Reconciliation Services
- Bank Statement Reconciliation Services
- Paypal Reconciliation Services
- Accounts Reconciliation Services
- Accounts Payable Reconciliation Services
Our Accounting Reconciliation Services, are widely recognized in the US and the UK, market. Please get in touch with us at info@konnectconsultancy.com for further details and to discuss further.
Services Include
Preparation of Bills (as required by TAD) and mailing on approval by the client Record and account for revenue Entering receivable transactions into the accounting system (software) Preparing and delivering periodic statements to the client Issuing of credit memos and refund checks approved by the customer Maintaining subsidiary receivables ledger Carrying out process adjustments approved by the customer Applying cash received to customer accounts and resolving short pays Preparing accounts receivable reports Accounts receivable deductions management (AR deductions management) services.
Software’s used
QuickBooks M.Y.O.B
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