By reconciling your general ledger, we are able to provide you with accurate financial reports, such as your profit and loss and balance sheet. Through profit and loss reports we are able to show you the correct and accurate position of either the profit, or loss, in your business. Balance sheet reports will show the position of your equity, assets and liabilities.
If your liabilities exceed your assets, we raise the question as to why, as this sort of situation creates a risk for your business.