Bank reconciliations are traditionally a tedious, time-consuming, and often frustrating, monthly exercise that plagues every financial department.
Each month, you pour over minute charges, discrepancies, checks, and transactions that must balance out. If your business is rapidly growing, or it deals in multiple currencies, the time it takes to close the books grows right along with the business.
For you, all that growth means more journal entries, adjustments, calculations, and increased potential for having to find a tiny needle of a charge in a haystack of transactions. But it has to be done. A lot.
So after hundreds of bank recs, you probably never thought you’d see day when you could enjoy the satisfaction of balancing records and (dare we say it) call it fun – but it’s here and it’s real!
Intacct’s best-in-class cloud financial solutions offer expert-created customizable options for recording, notating, and securely working with data in real time. This kind of cloud accounting transforms how businesses record transactions, adjust discrepancies, and reconcile their accounts.
You can breeze through statements to balance everything quickly and easily – even when you have an unusual amount of adjustments, changing currency values, or lingering end-of-the-month transactions.
Join us for our Intacct Cloud Byte session on April 20, 2017 at 2 PM ET, and discover how Intacct’s solutions work to put the fun back in bank reconciling for you and your team! In this webcast, you will learn:
- Techniques to troubleshoot instances when your company and bank records aren’t balancing out.
- Solutions to quickly adjust entry errors in the GL.
- Key priorities to consider for multi-currency and multi-base currency bank entries.
- Time-saving tips and tricks to move through your reconciliations more swiftly, and with greater precision.
Cloud-based accounting by design makes reconciling more efficient and more accurate. Whether you have lots of complicated transactions or well-organized accounts with few inconsistencies, you will get something out of this session that will enhance your daily financials.
Streamline your core management and recording systems to more easily reconcile your bank statements – in record time. Register now!