Important aspects for properly closing the bank’s accounts

The weeks following the closing date for banks’ financial year are a good time to start closing their accounts for the year. To do this correctly, it is necessary to review a series of aspects that will allow us to ensure that the numbers obtained reflect in a faithful and transparent way the economic reality of the entity. 1. Review the Ledger From the accounting program, all accounting accounts must be listed and reviewed carefully to see if we find any errors or omissions in the operations to be recorded, and detect if it is necessary to carry out any of the reclassification or closing operations that are necessary…

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