Overview- Credit Card Reconciliation Services
Bank and credit card reconciliation is a time-consuming procedure that is liable to errors and can cost valuable money and time if not done appropriately. Reconciliation comprises of linking two sets of records to make sure they are in agreement. It is used to ensure the balances between opposing accounts (e.g. asset vs. liability) endure to cup tie. Assets, Liability, Equity, Revenue, and Expense ledgers all need to be reconciled on a consistent basis. Outsourcing bank and credit card reconciliation services is a prudent decision, as you can save on time, effort, costs and resources.
Further implementing this strategy can benefit the business free its own precious resources and divert them towards more value producing tasks. While internal reconciliation practices are significant, you eventually need a neutral third party to execute the checks and provide the balance to your overall bookkeeping system. The professionals at Whiz Consulting ensure that the organization abides with all statutory and regulatory necessities.
Our Bank and Credit Card Reconciliation Services:
The wide variety of bank and credit card reconciliation services that are offered to clients at Whiz Consulting comprises of:
- Reconciliation of your bank statements with your internal financial records
- Reconciliation of any credit card statements sent out to clients with your internal records
- Reconciliation of your General Ledger with vendor and buyer invoices
- Creation of bank reconciliation reports
- Partial reconciliation and Full reconciliation
- Credit card services – Recover your cash flow, improve overdue payments and monitor accounts for late payments.
In this way, whether you are only looking for bank reconciliations services or also need to outsource credit control services, our team can ripen a tailored solution that fits your precise wants.
How you benefit by connecting with us:
- Acquiescence with regulatory legislations
- Decline in administrative and accounting expenses
- We let you emphasize on your business while we take wide-ranging responsibility and the irksome burden of managing your bank and credit card reconciliations
- Competitive pricing while providing assurance of optimum quality
- Vigorous data security measures that ensure that your trustworthy data is safe – through the use of secure web servers
- Competence to use any accounting software be it QuickBooks®, Pro Tax®, Quicken®, Peachtree®, IRIS®, Lacerte®, MYOB® or Sage Line 50®.
- ISO proficient processes are used to deliver bank and credit reconciliation and are 99% correct
We completely understand your needs as well as concerns. That is the reason why, as a vital part of our offerings, we provide end-to-end credit card reconciliation services to businesses across the globe. In addition to that, our team can keep a real-time track of every exceptional check as well as deposit in transit making sure that all accounts are taken care of and are in sync.
Our Bank and Credit Card Reconciliation Services focus on providing the highest level of accuracy and consistency for our clients. We work in an inclusive diversity of industries counting Law Firms, Non-profits, Restaurants, Construction Companies, Government Contractors, Staffing Companies, Retail/ecommerce and Real Estate.
Contact us for any kind of reconciliation service!