Account Reconciliation

Accounts reconciliation is the process of verifying an organization’s financial records and transactions in order to detect discrepancies, if any and to reconcile the same. Efficient bank account reconciliation is vital for auditors to determine the correctness of a company’s financial statements and to ensure compliance with regulatory/ statutory requirements.




Outsourcing Accounts Reconciliation:

Since accounts reconciliation services is an activity that requires painstaking effort and an eye for detail, it is best outsourced. If accounting reconciliation is not your core competency, why not consider outsourcing account reconciliation services to a financial expert like “The Call Firm”.

At “The Call Firm” we have both expertise and experience in this area. Outsource accounts reconciliation to us and stay assured of error-free services.

TCF Accounts Reconciliation Solutions:

At The Call Firm (TCF), we have a team of experienced accountants who will interact with your accounts department to understand your bank account reconciliation requirements. After thoroughly understanding your requirements, we will devise a customized solution that will effectively address your needs.

Our accounting reconciliation processes include the following:

  • Partial reconciliation services
  • Full reconciliation services
  • Sequencing of checks
  • Reconciliation of your bank statements with the records maintained by your organization
  • Reconciliation of credit card statements with your bank records
  • Invoice matching with your ledger and journal entries


Account Reconciliation software used at TCF

At TCF, we use the latest in accounts reconciliation software to provide our customers with cutting-edge bank accounts reconciliation solutions:

Some of the account reconciliation software we use includes:

  • MYOB
  • Peachtree
  • IRIS
  • Pro Tax
  • Sage Line 50
  • Quicken


The Call Firm – Your ideal Accounts Reconciliation partner

Outsourcing Account Reconciliation TCF can give you access to the following benefits:

  • 1. Reduction in administrative and accounting expenses
  • 2. Improved and robust data security measures that ensure that your confidential data is safe
  • 3. Use of the latest and advanced software for reconciliation services
  • 4. Compliance with regulatory legislations like the Sarbanes-Oxley act
  • 5. Reconciliation of financial statements in any of the accepted formats
  • 6. Competitive pricing without compromising on quality
  • 7. Emphasis on increased financial control for due diligence of financial statements


Data security at TCF

If confidentiality, privacy and security measures are stopping you from outsourcing, then you need not have any worries when you outsource Account Reconciliation TCF. We take data security very seriously and have taken stringent security measures to ensure complete confidentiality.

  • All our employees sign non-disclosure and confidentiality agreements at the onset of every project
  • Our web servers are secure and have firewalls that prevent hacking
  • The access areas to the workplaces are protected with biometric access controls thereby preventing unauthorized personnel from entering inside

Join our large clientele of accounts reconciliation customers and give your business a competitive edge.


Reconciliation for Bank and Credit Cards from TCF

Reconciling credit card statements with your bank statements at the end of each month can be tedious, time-consuming and complicated; and may even leave you frustrated. Without precise and up-to-date bank credit card reconciliations, you run the risk of either overdrawing your account or underestimating your finances. Accurate bank reconciliation services are must to keep a track of your current financial position and gain a clear perspective of where your organization stands financially.

Bank credit card reconciliation is a time consuming process that is prone to errors and can cost valuable money and time if not done correctly. As a small/medium business owner, you might already be multi-tasking that does not leave enough time or resources to ensure accurate bank reconciliations. Outsourcing bank reconciliation services is a wise decision, as you can save on time, effort, costs and resources.

Why Does Your Business Need A Professional Bank Reconciliation Solution?

Professional bank and credit card reconciliation helps you achieve the following with ease:

  • Get a team of qualified and certified accountants with domain expertise to work for you at an affordable cost
  • Gain a deeper insight on the current state of your finances – pay invoices, purchase equipment, and address investors with complete confidence
  • Easily identify, track and resolve discrepancies within your business
  • Reduce cash in suspense accounts and control your cash flow
  • Recognize the timing differences between your business’ records and the bank’s records
  • Use expert financial reports to analyze and assess your company financial performance
  • Get a better perspective of where your company stands, and take informed decisions about your organization’s future
  • Detect and reconcile discrepancies in your internal financial transactions and records
  • Exercise proper credit control by getting the details of all your outstanding checks and deposits, if any


Our Bank and Credit Card Reconciliation Solutions:

We have both the experience and the expertise in providing entire range of account reconciliation services and bank credit card services, which include:

  • Partial reconciliation
  • Full reconciliation
  • Reconciling your internal financial records with your bank statements
  • Reconciling your internal records with credit card statements of your customers
  • Recognize the timing differences between your business’ records and the bank’s records
  • Reconciliation of vendor invoices with your general buyer ledger
  • Reconciling of bank statements with the records maintained by your business
  • Creation of bank reconciliation reports
  • Credit card services – Improve your cash flow, recover overdue payments and monitor accounts for late payments


Bank Account Reconciliation Process We Follow

If you are wondering how to do bank reconciliation and how to reconcile credit cards, here’s a way we do it at TCF:

  • 1. Our team of skilled accountants will interact with your accounts department and understand your bank-account reconciliation needs
  • 2. After understanding the requirements thoroughly, we will devise a customized solution to effectively address your bank management requirements
  • 3. You can enjoy complete peace of mind, knowing that our accounting analysts are balancing your cash balances after making sure that all your information is 100% accurate


Why Partner With Us?

  • Over 13 years of experience in addressing the bank management needs of businesses across multiple industries
  • Capability to use any accounting software be it Quickbooks®, Pro Tax®, Quicken®, Peachtree®, IRIS®, Lacerte®, MYOB® or Sage Line 50®
  • Customized services that are high on value and low on cost for specific projects as well as ongoing tasks
  • ISO certified processes are used to deliver bank and credit reconciliations and are 99% accurate
  • Complete assurance of data security with binding Non-Disclosure agreements and secure web servers
    Bank reconciliation services that are compliant with the Sarbanes-Oxley Act and other statutory/ regulatory requirements


Leverage the Benefits of Outsourcing to TCF

With TCF handling your bank and credit card reconciliations, you can make well-informed business decisions and save on the cost while ensuring that your finances are accurately tracked and handled. We let you focus on your business while we take complete responsibility and the tiresome burden of managing your bank credit card reconciliations. Try our services today and get your finances progressively reconciled.