A bank reconciliation is a comparison between your bank account balance in Xero, and your bank statement balance. They should be done at least every quarter, but here at Loving Ledgers, we like to do these monthly.
Do you know that technology can be used by small business owners to leverage limited capital in a smarter and more effective way? In many cases, technology gives room for greater efficiency and versatility in small businesses.
There’s a reason “The Room Where It Happens” is one of Broadway hit Hamilton’s standout songs: the track’s theme -- longing to be included among key decision-makers in the place in which decisions are made -- is timeless.
Your accountant or book keeper could either be saving you money or losing your money. If you had the right book keeper, it can make the difference between saving $1000's or paying $1000's of dollars in tax, or in loss of claims.