Tech Tip #93-Complete Account Reconciliation Before Year-End

Trust Accounting

50% of businesses haven’t reconciled their bank accounts over the last 6 months! That means there is a one in two chance that your firm is going to head into 2017 without having completed your account reconciliation. An extended period of unreconciled accounts can be a recipe for disaster in the form of compliance issues and ethics violations. Watch our 2016 Year-End Accounting Checklist video to learn more about reconciling your accounts and other year-end legal accounting tasks your firm should take care of soon!

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