Bank Account Statement Reconciliation
Reconciling bank account statement is one of the toughest activity of finance team. As there are hundreds and thousands of line items in the bank account statement it becomes very difficult to check if all credits and debits happening in the bank account are correct or not. Challenges in bank statement reconciliation process: Manually categorize...
Payment Gateway Reconciliation
All online businesses use payment gateways to collect payments from their customers. This is the easiest way of collecting payments from customers as payment gateways are integrated with all the banks which helps them transfer money from customers bank accounts to merchants bank accounts after deducting their charges and applicable taxes. A business might start...
