How do you verify the accuracy of your company's hundreds of monthly payments? To guarantee a flawless match, you must conduct accounts payable reconciliation, which involves comparing your internal ...

Reconciliations, performed in accounting to minimize errors, are basically comparisons of two different reports or documentation. Because the general ledger, or G/L, is made up of accounts, ...

Behind every successful business finance operation lies a collection of essential practices that often receive attention only when problems surface. Invoice reconciliation, rarely celebrated or ...

Learn how to reconcile your business’s bank account by comparing your recorded transactions to the bank statements. Then, you can follow up on any errors.

Trive Capital has made an investment in Illumis Global, a Mount Pleasant, South Carolina-based provider of accounts payable recovery audits and business intelligence solutions. No financial terms were ...

Businesses can figure their taxes on either an accrual or a cash basis. With a cash basis, you earn taxable income whenever someone pays you. With accrual accounting, you earn income as soon as you ...