Think of your general ledger as the foundation of your central “books” system. This system is the core of your Wheaton company’s financial accounting records. Every transaction flow through the general ledger, both income and expenses. If there’s a problem with your general ledger, your entire accounting approach is off.
Having Jones, Savarese, Harrington & Company review your general ledger system each month allows us to hunt down any discrepancies, such as double billings, or any unrecorded payments. Then we’ll fix the discrepancies, so your books are always accurate and kept in tip-top shape. This process is also vital for your tax accounting and will significantly assist with overall tax prep and tax filing each year.