Account reconciliation is the process of comparing general ledger accounts for the balance sheet with supporting documents like bank statements, sub-ledgers, and other underlying transaction details. If the ending balances don’t match, accountants investigate the cause of the discrepancies and make adjusting entries required to resolve differences from errors or missing transactions. According to a […]

Our ratings considered factors that included starting price, price range, multiple essential accounting features, reviews by actual customers and scoring by our panel of experts. An ideal accounting tool for service-based small businesses and freelancers, Wave allows you to send simple invoices, generate financial reports, track receipts, organize your income, expenses, payments, and invoices. In […]