Why Monthly Account Reconciliation Matters Reconciliation may sound like a small bookkeeping task, but skipping it can create big problems. At Alvia Consulting, we often meet business owners who only reconcile their accounts once or twice a year, usually at tax time. By then, mistakes have piled up, cash is unclear, and decisions are being…
Profit vs Cash Flow: Why the Difference Matters. Financial data is more than numbers on a report. It is the language of business decisions. But not every leader looks at financials in the same way. A CEO, a CFO, and a COO each rely on numbers differently, using financial data to guide their specific responsibilities.…