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What is Credit Card Reconciliation?: The 2023 Guide

Outsourced Bookeeping

The process carried out by companies and individuals alike to reconcile both credit card statements with internal records, like your receipts, invoices, etc., While reconciling your records, mark each statement that matches both sources. is called credit card reconciliation.

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ScaleFactor Fails to Scale, Blames COVID-19

Cloud Accounting Podcast

If you've ever tried to get your clients' Stripe, Square, or PayPal transactions into QuickBooks or Xero, you've probably pulled your hair out a few times trying to get income and fees recorded correctly so that the deposit amounts match the bank statement so you can reconcile. Blake Oliver: [00:12:06] Yeah. Then, COVID hit in March.