tel: 978-801-1688
Quality & Affordability
Accounting, Tax Preparation, Bookkeeping
At Terry Chan, CPA, PC, we pride ourselves in providing our clients with the best service at the most affordable prices. Give us a call and see how we can help you maximize your financial potential.

Bank Reconciliation


A bank reconciliation compares the amount of cash shown on the monthly bank statement with the amount of cash reported in the general ledger.

Monthly bank reconciliations help you:

  • Identify errors, irregularities, and unauthorized transactions to the Cash account.
  • Identify lost deposits or stolen checks
  • Manage your cash account with greater efficiency. Reconciling your cash will uncover any bounced check so that you can remedy it quickly & timely.
  • Better management of the cash account leads to more accurate and better accounting in general
  • Manage your cash more effectively. Proper management of funds not only saves money, it makes money for you.