The Bank Feed Is Not the Book

The feed is a clue, not a conclusion. Movement versus meaning Bank data says money moved. It rarely says why it moved, who authorized it, whether it was gross or net, whether sales tax is embedded, or whether the item belongs in this period. Evidence beats convenience Good bookkeeping links the bank line to the record that answers the risky question. For a vendor charge, that may be the receipt. For a processor deposit, it is often the payout report. For a loan payment, it is the amortization detail. The close standard Before accepting a match, ask: does this evidence…

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