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Whether youre a freelancer, contractor, or business owner, understanding its purpose and importance is essential to your financialoperations. A W-9 form is a document the Internal Revenue Service (IRS) provides that formally requests a taxpayers identification information. What is a W-9 Form?
To ensure the integrity of financial data, accountants and bookkeepers rely on the general ledger account reconciliation process. This process involves comparing general ledger accounts with supporting documents using reconciliation software to identify discrepancies and take corrective measures.
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