To maintain accurate financial data, it’s recommended to review and reconcile your bookkeeping records at least once a month.
However, for more active businesses, weekly or even daily reviews may be ideal—especially when dealing with high volumes of transactions or cash flow fluctuations.
Many cloud bookkeeping platforms offer real-time syncing with your bank, which allows you to catch errors or fraudulent activity early. Regular reconciliation also ensures your reports reflect the actual financial status of your business.
By keeping your books current, you can make better decisions, stay compliant, and be prepared for tax season, audits, or funding opportunities.
