We posted this originally back in 2017 - but thought it was worth re-posting as an important reminder! Today more than ever, you need every $ in your bank account.
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In some businesses, credit sales account for over 80% of their daily sales. If this is your business, you are depositing very little cash every day. And while most of us count for and reconcile the cash, are you reconciling your daily credit card deposit to the credit card batches that actually go into the bank? It seems easy and automatic, but here are a few tips and tricks we have learned over the last couple of decades installing integrated credit card systems.
