Reconciling your bank transactions to your business book is essential to the financial health of your company. However, if you’ve never reconciled your company’s transactions before, the process can ...
When investing, your capital is at risk. The value of your investments can go down as well as up and you may get back less than you put in. The content of this article is provided for information ...
With all of the financial documents that arrive in the mail each week, it doesn’t take long to start a paper trail. You don’t want to ignore the bank and credit card statements, bills and ...
A bank statement is a record of payments in and out of a bank account. Most people have a current account as it is where their wages, pensions and/or benefits are paid into. The money available in a ...
The conventional wisdom is you only need to keep bank, credit card and other personal finance documents for six years. This is because HMRC (the taxman) is often said to only be able to ask you to go ...
A MAJOR banking group has axed paper bank statements for millions of its customers. Lloyds Banking Group, owner of Bank of Scotland, Halifax and Lloyds Bank, has scrapped physical bank statements for ...
Making sense of your bank statement is no mean feat as it's often laden with complicated and seemingly unnecessary jargon. Keeping track of how much is going in and out of your accounts could become ...
The time you should keep a bank statement depends on what it shows and why you need it. Here’s a simple guide to help you determine the length of time to keep bank statements and canceled checks.