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In the world of small businesses, nearly half face discrepancies between their bookkeeper’s bank reconciliation and their actual balance. Consider a restaurant owner who discovered his bookkeeper’s reconciliations consistently showed $15,000 more than what was in the bank. Her plausible explanations masked a terrifying truth: she was creating fake deposits to cover her theft.

If the gap between your reconciliation and balance widens, it's time to act. Monthly checks between your bookkeeper's records and your bank balance are essential. Acceptable differences should only reflect recent transactions like unprocessed checks or deposits. More discrepancies could indicate manipulation.

Protect your business by being vigilant. To explore more about safeguarding your finances, visit bookkeepingcoach.net.
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RYD date created : 2025-09-03T13:49:10.817181Z
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