Deposit Reconciliation
We know that banking can sometimes get a little confusing, especially when you're handling deposits from several locations or branches of your business. Our goal at Machias Savings Bank is to make your banking as simple as possible, and we can help do that with Deposit Reconciliation. With this service, you can view all of the deposit information from each of your business locations on one page, which makes the management of your business finances much easier
Details
- Allows businesses to consolidate deposits into a single account, even if different account information is used by the branches
- Provides businesses enough money to pay for expenses, even among branches that are not performing as well
- Reporting is quick and easy
- Allows businesses to develop statements for shareholders indicating the business's financial health
- Properly account for money among business branches