Steps
- 1Reconcile every month of the year.
- 2Prepare income and spending by fund.
- 3Show fund balances and any unpaid levies.
- 4Arrange an audit if your rules require one.
How Flatflo helps
Reports are built from the reconciled cashbook and exported for your accountant.
Accounting and bank reconciliationTerms used
Related guides
General information only, not legal advice. Rules differ by state and change over time. Check your local legislation or get professional advice for your situation.