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 Post subject: Monthly statement Help
PostPosted: Tue Oct 13, 2009 8:41 pm 
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Joined: Wed Aug 26, 2009 6:29 pm
Posts: 32
Which of the monthly statements give me the best balances for the month? do I reconcile with the bank statment against the general ledger, or General Journals.

I guess what Im asking is how do I know wheather everything balances out properly for the month.

Thanks in advance,


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 Post subject: Re: Monthly statement Help
PostPosted: Thu Oct 22, 2009 2:24 pm 
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Joined: Mon Jun 08, 2009 7:05 am
Posts: 9
Location: Washington
Since your balances are only as good as the information that you've been given to input, you will never know definitively that your balances are correct. However, balancing your bank statement against your general ledger bank accounts is a good way to check that portion of your input. If you are using Quickbooks, you can also run a trial balance to make sure your accounts are in balance.


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 Post subject: Re: Monthly statement Help
PostPosted: Thu Oct 22, 2009 9:06 pm 
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Joined: Wed Aug 26, 2009 6:29 pm
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Thank you very much


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 Post subject: Re: Monthly statement Help
PostPosted: Fri Oct 30, 2009 3:24 am 
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Joined: Wed Oct 28, 2009 3:24 am
Posts: 353
Monthly balance can be reflected using Journal entries for the month and then comparing it to bank reconciliation statement for that particular month. This would give you the an estimate, rather quite detailed info about balance of that month.

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 Post subject: Re: Monthly statement Help
PostPosted: Fri Oct 30, 2009 8:26 am 
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Joined: Wed Aug 26, 2009 6:29 pm
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thank you


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 Post subject: Re: Monthly statement Help
PostPosted: Thu Nov 05, 2009 2:44 am 
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Joined: Thu Nov 05, 2009 2:20 am
Posts: 1
Location: India
If your requirements is Bookkeeping accounting services so why are you not interested bookkeeping ?

If you want accounting services so visit my signature link I hope it's useful to you.

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 Post subject: Re: Monthly statement Help
PostPosted: Fri Nov 06, 2009 10:54 am 
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Joined: Wed Aug 26, 2009 6:29 pm
Posts: 32
I am interested, and I am a new accountant. Thank you for your services.


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