ChrisMollan
posted this on June 10, 2009 15:07
Reconciling the bank account against OPAS helps reduce inaccuracies with data entry, increases audit reliability and helps reduce the time you spend with the accounts.
We would recommend you complete the process each and every month to maintain an accurate set of financial figures. Why wait until the year end to carry out checks when each month you can do your bit to reduce the time needed each year end!