It’s a foundation of bookkeeping. It is essential to make sure that your books match your accounts… think bank accounts, credit cards, etc.


Why Account Reconciliation Matters
Reconciling means checking your bank and credit card statements against your books to make sure they match.

• You catch mistakes early (like double charges or missing payments).

• It helps prevent fraud and keeps your money safe.

• You always know your true cash balance.

• It makes tax time smooth and stress-free.
  

Think of it like checking your homework—you make sure all the answers line up before turning it in.