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If you missed our last note on reconciliations, here’s the simple version.
Monthly reconciliations are how you make sure your financials are telling the truth.
Without them, reports can look clean while quietly being wrong. Cash feels off. Numbers don’t line up. Decisions get delayed because confidence is low. Or you make decisions thinking all is well and find out they really aren’t…
What should be reconciled each month
Bank accounts to confirm real cash balances
Credit cards to catch missing or duplicate expenses
Accounts receivable to ensure payments are applied correctly
Accounts payable to confirm what is actually owed
Why this changes everything
You stop questioning your reports
Cash flow makes more sense
Errors get fixed while they are still small
Conversations with partners, lenders, and advisors improve
This is about clarity, not perfection
Reconciliations don’t make your business perfect. They make it honest and honest numbers lead to better decisions, less stress, and fewer surprises.
January is the right time to reset this discipline. Clean books now save time and frustration all year long.
If reconciliations are behind or unclear, reply to this email, message me in the community, or email [email protected]. Getting caught up is easier than most people think.
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