Financial integrity is definitely a requirement. Sterling Global’s account reconciliation support goes beyond matching numbers — we offer a structured, scalable process to eliminate errors, detect fraud early, optimize liquidity management, and provide reliable financial control across all transaction channels.
Strategic Recon Solutions: Banks, Credit Cards & G/L Maintenance
We’re not just another provider of bank reconciliation services. Instead, Sterling Global builds robust monthly processes to:
- Reconcile your bank accounts, pinpointing unrecorded charges, deposits in transit, or currency fluctuations in hard vs. soft currencies, common in Dubai’s multi-currency market.
- Match and verify every credit card transaction, fees, refunds, foreign processing, in automated workflows. Our credit card reconciliation support prevents expense misstatements, leakages, and mismatched supplier invoices.
- Maintain monthly reconciliation of general ledger accounts, beyond cash. We align payables, receivables, intercompany balances, accruals, and balance sheet lines to give your CFO confidence in the completeness and correctness of financial statements .
How Sterling’s Approach Strengthens Your Bookkeeping
Reconciliation bookkeeping at Sterling goes hand in hand with timely financial decision-making:
Automated Data Feed Integration
Bank and credit card feeds are automatically imported into your ERP (NetSuite, Zoho, Xero, QuickBooks), reducing manual posting and eliminating input errors.
Dynamic Matching Protocols
We configure intelligent match thresholds; recurring or rule-based entries are auto-approved, while anomalies are flagged for review, cutting review cycles in half.
Discrepancy Investigation & Resolution
Dedicated experts dive into every mismatch, whether timing differences, fee transfers, or currency gaps, and post adjusting entries with full audit documentation.
Comprehensive GL Reconciliation
Each month we reconcile balance sheet control accounts and inter-project/company items, resolving stale balances and uncovering unapplied receipts or overstated liabilities.
Insights & Continuous Improvement
Monthly reporting includes trending of obsolete float items, aged uncleared checks, credit card mismatch ratios, and unresolved recon items over 30/60/90 days, helping you refine policies and optimize cash.
Why Proactive Recon Matters in Dubai’s Fast-Moving Market
Regulatory Integrity & Audit Safeguarding
UAE regulators, and FTA during VAT audits, expect your cash and GL to align properly. Delays, fees, or anomalies left unchecked can become red flags during scrutiny.
Cash Flow Clarity
Real-time reconciliation avoids surprises; it highlights uncleared payments or receipts, enabling sharper liquidity management and better vendor/customer negotiations.
Fraud Control & Expense Oversight
Monitoring credit card and bank statement activity every month lets us detect unauthorized charges, duplicate claims, or late-refund stories before they cost time and money .
Monthly Reconciliation Process Workflow
Monthly Stage | What Sterling Delivers |
Kick-off & System Setup | Map your bank and credit card feeds, GL accounts, approval settings, and intercompany segments. |
Transaction Import & Matching | Automated feed pulls; our team reviews exceptions daily or weekly. |
Exception Management | We investigate anomalies, posting corrections or escalating issues, within 5 business days. |
GL Clean-Up | Quarterly sweep ensures all control & suspense accounts are zeroed and journaled with explanation. |
Reconciliation Reporting | Dashboard shows recon completeness, aging items, anomalous transactions, and reconciliation lead times. |
Policy Tuning | Quarterly policy review adjusts matching rules, tolerances, and responsibility thresholds to reduce exceptions by 20-30%. |
Who Gains from Sterling’s Reconciliation Expertise
Our reconciliation services benefit:
- Fast-growing SMEs and Free‑Zone entities, dealing with multi-currency banking and several card/acquirer accounts
- Enterprises with multi-entity setups, requiring intercompany matching and GL consolidation accuracy
- Companies facing audit cycles, seeking solid cash-to-G/L linkage and clean supporting documentation
- CFOs and finance teams who rely on precise, pulse-ready financials to guide strategy and investments
Your Trustworthy Partner in Reconciliation
Sterling Global’s monthly reconciliation of general ledger accounts goes beyond ticking boxes. Using automated tools and forensic workflows, we deliver:
- Transparency through reports, you see what’s matched, what’s pending, and what’s resolved.
- Process refinement, our data drives efficiency savings each quarter.
- Audit-grade support, exportable backup reports, bank statements, and reconciliation statements are prepared for VAT or statutory audits.
Start Today with Reconciliation That Matters
If you’re ready to secure cash accuracy, reduce month-end cycles, and empower smarter financial leadership — Sterling Global’s account reconciliation services in Dubai are here to deliver. Connect with us for a customized evaluation and monthly roadmap that aligns with your systems and objectives!
