Outsourcing of accounts reconciliation provides an organization the flexibility and capability to ensure their financial balances is in order.
Regular reconciliation of financial accounts is critical for every executive in an organization. Whether it’s in finance or in operations. Accurate accounts of data that will be useful to render a cognizant judgement.
F&A Hub does the following accounts reconciliation services:
- Bank reconciliation, i.e., actual bank statement versus cash in bank as recorded in the ERP system.
- POS transactions against cash deposited in bank, customer cheques, credit cards, debit cards, etc.
- Vendor & customer accounts reconciliation.
- Inter-company accounts reconciliation.