How often does a bookkeeper need to perform bank reconciliation? The general expectation is that a bookkeeper will perform a bank reconciliation at last once at the end of the month. Traditionally this coincides with the monthly bank statement which is sent out at the end of the month. Bookkeeper Melbourne Co has a strict standard of reconciliations being performed monthly
Accounts payable is an important function for the bookkeeper. All businesses need to manage their cash flow and the timing of the payment of bills has a significant effect on the finances of a small business. Forecasting the cash flow of a business is an essential task for a bookkeeper.