How Often Should a Small Business Reconcile Its Bank Accounts?
Reconciliation is the process of matching your bookkeeping records to your actual bank and credit card statements. Most software defaults to a monthly cadence, but monthly is sometimes too slow to catch problems while they're still easy to fix.
The case for weekly review
A weekly check takes ten to fifteen minutes and surfaces duplicate charges, missed deposits, and fraudulent transactions while your memory of each one is still fresh. Waiting a month means digging through weeks-old email receipts to remember what a charge even was.
What monthly reconciliation misses
By the time a monthly reconciliation happens, a bounced payment or unauthorized charge has already had four weeks to compound, a returned check fee, a late vendor payment, or a card that quietly got charged twice. Weekly bank activity review shrinks that exposure to days, not weeks.
If weekly feels unrealistic to manage yourself, that's exactly the kind of recurring task a bookkeeping service could help you with
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