Why your reports don’t match what’s in your bank
One of the most common frustrations for small business owners is when reports do not match what they see in their bank account.
This usually happens because of:
Unreconciled transactions
Timing differences between income and expenses
Outstanding invoices or bills
Incorrect coding or GST treatment
When reports are not accurate, it becomes difficult to trust your numbers or make confident decisions.
Regular reconciliations and correct setup are key to making sure your reports reflect reality.
If your reports never seem to line up, it is often a sign that something needs attention behind the scenes.
