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7 tips for a more efficient bank reconciliation

7 tips for a more efficient bank reconciliation

Posted by: Captio | | Categories: Accounting and taxation

A bank reconciliation is a comparison made between the accounting records held by a company regarding its bank accounts and the modifications made to those accounts by the bank itself. It is a necessary process for companies to undertake, but one that can be excessively long and tedious. Here, we offer you some tips and tricks to help you save time on this process, and make it more efficient.

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Bank reconciliation: a practical example

Bank reconciliation: a practical example

Posted by: Captio | | Categories: Accounting and taxation

The bank reconciliation is the comparison made between the accounting notes kept by a company regarding its bank accounts and the adjustments made by the bank itself on those accounts. It is a necessary process for businesses and professionals, but it can be overlong and tedious. In this article we show you an example of a bank reconciliation performed manually.  

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Management accounting and best practices it may bring to the company

Management accounting and best practices it may bring to the company

Posted by: Captio | | Categories: Accounting and taxation

As there are many different types of accounting which are not mandatory, like management accounting, many companies decide not to use or implement them. This often occurs because the benefits they may bring are thought to be unimportant or of little value. However, it is important not to lose sight of the real benefits of management accounting and the improvements it may make to business practices.

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4 tips to achieve improved accounting and fiscal management

4 tips to achieve improved accounting and fiscal management

Posted by: Captio | | Categories: Accounting and taxation

The accounting and taxation within an organisation are closely linked: the correct accounting of costs and revenue, etc. allows us to also improve the taxation management of the company. We are offering you 4 simple tips to help you better manage the accounting and taxation of your business.

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Cost-accounting procedures: how often?

Cost-accounting procedures: how often?

Posted by: Captio | | Categories: Accounting and taxation

At the beginning of the year, we are all full of good intentions. One of the most common is to be better organized, both personally and in our professional lives. These resolutions also happen with companies, for example with regard to cost-accounting. But is it best done daily, frequently, monthly, or quarterly? This article analyses the issue.

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Steps to follow when performing an audit of a bank reconciliation

Steps to follow when performing an audit of a bank reconciliation

Posted by: Captio | | Categories: Accounting and taxation

A bank reconciliation is a process in which the sums recorded in a company's bank accounts are compared and reconciled with the entries in their internal ledgers. This mechanism allows us to identify any differences, which can then be addressed accordingly, and thus constitutes a genuine and exhaustive check on the state of the company's accounts. As with any other process within the company, reconciliations must be audited at least once a year in order to verify their accuracy.

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