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RE: Financial tools for reporting the monetary and cash resources of business entities
reconciliations should be performed within ten working days of the following month,
I have never been a fan of accumulating workload especially when it has to do with the accounting procedure of a moving business, it's not a positive thing at all. Proper evaluation, basic standard setting, and following procedure to meet up with financial goals is very necessary.
It should not be seen as a burden per se, but we certainly should not accumulate a workload and thus facilitate the administrative and accounting processes.