Stopped doing manual bank reconciliations after I caught a $1,200 error last quarter

Used to spend every Sunday night matching transactions line by line in a spreadsheet, but after I switched to automated reconciliation software in March, I noticed that the old way was missing duplicate charges from our vendor (like a $47 fee that showed up twice), and now I'm wondering if anyone else feels silly for trusting their own manual checks for so long?

3 comments

3 Comments

ray_miller411mo ago

Holy cow, $1,200? That would have made my blood run cold if I caught that after the fact. Man, I've been there too with the Sunday night manual grind, but missing something that big would have haunted me for weeks. It's wild how we convince ourselves we're being careful when really we're just tired and missing the obvious stuff.

kaid591mo ago

Signing my own name to that mistake felt like a really expensive way to learn I needed reading glasses. At least the coffee was hot that night.

evan_burns9529d ago

Wait, $1,200? That's not a small oops, that's a whole month of groceries for my family. I almost dropped my phone reading that, seriously. Makes me think about all the little stuff I probably blew past when I was doing the old school method with a highlighter and a sixth cup of coffee.