Best Bookkeeping Services in Toms River, NJ

I recently met a business owner that told me his secretary reconciles his bank accounts on a monthly basis yet his books still seem to be messed up and not reflecting the numbers accurately. I told him let me review the file to see where things are going wrong. Here is what I found:nn* Credit card payments were sometimes recorded as a CC expense instead of a transfer.nn* Undeposited funds had old transactions that were never cleared. (There are many possibilities as to why this happened)nn* Too many uncleared transactions in the bank register. nn* His A/R and A/P had to be reviewed in detail for accuracy. (Open bills from 2018?!)nn* Interest payments were recorded on the balance sheet.nnThis was found after taking a quick look at his QuickBooks file.nnIts important to understand that reconciling your accounts by itself doesn't always mean your books are accurate. You need to review your financials on a steady basis for accuracy.nn#quickbookstipsn#bookkeeping n#financialreportingn#booktied...