In this post and short video we’ll review how (and why) to reconcile your brewery 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.
All this really means is that you want 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.
Check out the short video below for the steps to follow:
p.s. Brewery membership in the new Beer Business Finance Association is now open. Learn more here.
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