Sometimes bookkeepers and
accountants can get so busy
they don’t take the time to
review or deal with errors in
bookkeeping data files.
There are a few things that
can be done to give your books
a basic “health check”.
For example, when reconciling
bank statements, are there any
unreconciled items?
If so and they go back many
months, then entries are not
correct.
These amounts need to be
cleared out but you need to be
careful how you do it as it will
affect previously lodged BASs.
They ...
The above snippet is the first part of an article sent to subscribers in Pharmacy Daily's issue from 20 Feb 12
Established in 2007, Pharmacy Daily is Australia's leading pharmacy industry publication, and is sent as a free subscription to people across the industry as a PDF newsletter every weekday.
To sign up for a free subscription, click on the button at right.
Health Checks
Sometimes bookkeepers and accountants can get so busy they don’t take the time to review or deal with errors in bookkeeping data files. There are a few things that can be done to give your books a basic “health check”. For example, when reconciling bank statements, are there any unreconciled items? If so and they go back many months, then entries are not correct. These amounts need to be cleared out but you need to be careful how you do it as it will affect previously lodged BASs. They ...
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