When you run a small business, one error in your accounting books can result in inaccuratefinancial statements，现金流量管理差，甚至是IRS审核。为了确保您的记录是准确的，请熟悉帐户对帐。

What is account reconciliation?

Account reconciliation is the process of comparing the numbers in an account with another financial record to verify the balances match. By reconciling the accounts, you can catch errors in your journal entries andgeneral ledger for small business。If the records don’t match, you must modify the account balance.

You might compare an account to yourbank statements, credit card statements, receipts, or related records. You can reconcile your accounts daily, monthly, semiannually, or annually.

For example, you can compare a cash account to your business bank statement. When you receive your bank statement, verify that its bottom line matches the bottom line in your account.

Think of account reconciliation like proofreading for accounting. If you don’t reconcile accounts, your information may be incorrect, unclear, or misleading. But when you take the time to spot errors early on, you can avoid significant issues down the road.

Purpose of account reconciliation

对所有小型企业的和解是一个明智的决定。更不用说，某些公司必须定期调和帐户以遵守公认的会计原则（GAAP).

同样,purpose of account reconciliation is to verify that your account information is accurate and consistent. Maintaining up-to-date records prevents a number of business setbacks.

Reconciling your accounts can help you:

• Prevent overspending
• 停止欺诈活动
• Create accurate financial statements

If you don’t reconcile your accounts, you couldoverdraft an account。You may think you have more money in the account than you have if your numbers are incorrect.

For example, your cash account shows a balance of $1,000, so you decide to buy a $780 computer. However, you first reconcile your cash account and discover that the actual balance is $600. Because you reconciled your account, you don’t overdraft your account.

Failing to reconcile your accounts can also lead tounnoticed fraudulent activity。员工可能会创建不准确的日记帐分录来支付更多的钱。

Let’s say an employee commits工资欺诈and pays themselves more than they earned. You reconcile your payroll journal entries with your payroll account and notice that more money is leaving your payroll bank account than what you recorded in your books. As a result, you can terminate the thieving employee and avoid further fraudulent activity.

当您的帐户有不正确的信息时，您将创建inaccurate financial statements。Financial statements show you information about your business’s financial health, including your profits and losses, assets and liabilities, and cash flow. You must create accurate financial statements to make business decisions and secure financing from investors or lenders.

Account reconciliation process

Are you ready to reconcile your accounts? Use the following reconciliation process steps for consistent records.

First, compare an account to the appropriate external record. If you find a mistake in your account, adjust your journal entries. You can create a new journal entry to add or remove money from the account.

调和帐户时，请确保将所有支持文档保留在您的记录中。通过存储文档，您可以备份为什么要更改帐户余额的原因。

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This is not intended as legal advice; for more information, please点击这里。