Thursday, April 30, 2009

Bookkeeping Services: Effective Bank Reconciliation Statement Preparations

Hi-Tech Bookkeeping service is an offshore bookkeeping and accounting services providers in India. We have specialization in providing bookkeeping, accounting, financial services, taxation services and payroll services at affordable rates.

Hi-Tech Bookkeeping Service offers bookkeeping services including bank reconciliation, trial balance sheet, financial statement preparation, general ledger maintenance, account receivable, account payable and payroll processing. We offer guarantee to handle a very complex and large amount of bookkeeping projects and give the best bookkeeping solution in-time.


Bank reconciliation is an important part of the monthly cash flow related to your business and should be done as soon as the statement arrives from your financial institution. The bank reconciliation will find any late deposits and checks, any automatic debits or credits not in your records and any mathematical errors. Our bookkeepers helps to resolve discrepancies in your bank statement by performing complicated processes such as sorting various transactions by type or date, deducting errors or by adding deposits in transit.

Advantages of Bank Reconciliation

• It makes important updates to general ledger and receives timely entries from the other applications.
• Provides the ability to reduce bank statement errors
• Enables to control cash out flow with the invalid checks and stop payments function
• Verifies the amount of cash in your account
• It helps to found uncover irregularities

Our bank reconciliation preparation services enable you to know which checks have cleared, which transactions are outstanding, which bank accounts contain what amounts, and exactly where your money is. We find errors and record differences between your books and the bank. Our bookkeeping firm provides a wide variety of reports reflecting debit and credit card reconciliation activity and exceptions that have occurred on the account.

We have best-of-breed technologies, unique processes and highly skilled professionals to provide you with top-tier bank reconciliation preparations services and also prepare your bank statement. You can outsource all your bank reconciliation requirements to us, save up to 40% to 50%.

If you require more information about our bank statement reconciliation services, please feel free contact us: info@hitechbookkeepingservices.com.

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