You’ve opened your mail, plucked out the customer payments, and deposited them in your bank account. In addition to that, you’ve paid your bills. Now you can sit back and relax knowing that most of the transactions in your bank and credit card accounts are accounted for. What’s left?
Some stray transactions might pop up—an insurance-claim check to deposit or handling the aftermath and bank fees for a customer’s bounced check, to name a couple. Plus, running a business typically means that money moves between accounts—from interest-bearing accounts to checking accounts,