Over the years, on-line banking has become more sophisticated.
Bank reconciliations
It is not our intention to lay down straightforward rules or guidelines, because we know our colleagues (accountants and bookkeepers) are familiar with reconciliations. However, since the introduction of online banking, the task of balancing the bookkeeping methods used by your client have become more integral in your tax review at any period-end.
Hints and tips
These will be produced regularly, as soon as our Bookkeeping SIG (Special Interest Groups) have been established nationally and locally.