My integrated accounting package (such as Quickbooks or Peachtree) already has the ability to do the bank reconciliation. What do I need RecWizard for?
The integrated accounting software that is on the market is extremely complete and useful. We even use it for the Account-Reconciliations.com general ledger. That being said, there are still many accounts other than the bank account that should be reconciled. For good accounting procedures to be effective, ALL your general ledger accounts should be reconciled EVERY MONTH. Now some of those reconciliations may be very brief, but they still should be done – EVERY MONTH. It’s the month that you decide you can “do it next month” that always has the error you should have found. RecWizard gives you templates that guide you through the process quickly and completely. You can still do the bank reconciliation with your integrated accounting package, but for the rest of your accounts – use RecWizard.
