Chapter 8
Reconciling Your Bank Accounts
In This Chapter
Getting ready to reconcile
Ticking off your correctly matched transactions
Helping transactions that don’t seem to match
Making use of the Cash Coding spreadsheet
Going through your imported bank statements
Locating any transaction recorded through Xero
Accessing Spend Money and Receive Money
Knowing how to correct your mistakes
Reconciling your accounts involves matching cash movements from your bank statement with transactions recorded through Xero. Reconciling on a regular basis is an essential part of ensuring the accounting records portray an accurate reflection of your business finances — you don’t want to waste time entering ...
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