04/30/2026
๐ฟ๐ค ๐ฎ๐ค๐ช๐ง ๐๐ค๐ค๐ ๐จ ๐ข๐๐ฉ๐๐ ๐ฎ๐ค๐ช๐ง ๐๐๐ฃ๐ ๐๐๐๐ค๐ช๐ฃ๐ฉ ๐ง๐๐๐๐ฉ ๐ฃ๐ค๐ฌ?
We donโt mean โclose enoughโโฆ Do they actually match?
Because if they donโt, expenses never make it into your books, income can get counted twice, your profit ends up looking higher (or lower) than it really is, and you wind up paying taxes based on the wrong number.
We see this more than youโd think. It comes down to having regular reconciliation.
A simple monthly check fixes most of this, soโฆ
โข Do it the same day each month
โข Match your bank balance to your software
โข Review anything that hasnโt cleared
โข Clean up old or duplicate transactions
If you waited until tax time to sort things out this year, this is your chance to stay ahead of it for next year.