RECONCILING ACCOUNTS

Do either of these situations apply to you?

You need help to get caught up with reconciling your checking, savings, investment, and credit card accounts.

You have neither the time nor interest to reconcile your checking, savings, investment, and credit card accounts each month.

If so, we can perform this essential service.

As part of the reconciliation process, we enter missing transactions, change incorrect transactions, delete duplicate transactions, and void invalid checks. We also perform missing check reports on checking accounts and unreconciled transaction reports on all accounts. Unless reconciliations are done on a timely basis, your account balances are probably inaccurate. Consequently, Quicken-generated reports, which are a powerful information and planning tool, also will not be accurate.

HOW THIS SERVICE WORKS

We can reconcile all accounts or just specific ones, such as your checking or investment accounts. (Please see the TRACKING THE RETURN ON INVESTMENTS page.) Besides reconciling on a monthly basis, your accounts can be reconciled since the last ones were completed, starting at the beginning of the year, or for any other period of time. Quicken files and financial statements are exchanged by overnight delivery or by messenger for those located in New York. Therefore, locale is not an important factor. The turnaround period is two business days for clients who have us reconcile monthly. For those who have us reconcile past statements, the turnaround period depends upon the number of statements that need to be reconciled. Since personal finances are a private matter, discretion and data security are of the utmost importance to us.

Charges are based on the time spent reconciling the accounts. The fee is $60 an hour, billed in quarter hour segments. To sign up for this service or for more information, please contact us. Or click here to be contacted.

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