In this post and short video we’ll review how (and why) to reconcile your wholesaler balance sheet.
One of the best ways to ensure that your financial statement numbers are complete and accurate is to follow a process called a balance sheet reconciliation.
The goal is to make sure the numbers on your balance sheet are correct.
And when your balance sheet is accurate your financial statements are accurate.
The process can be done monthly or quarterly, but it must be done consistently to ensure good numbers.
Watch the video below to see how the process works:
p.s. Membership in the Beer Business Finance Association is now open. Learn more here.