Sage 50 compares the monthly report to the specified G/L account. Sage 50 allows you to reconcile any ledger accounts transaction. Bank accounts, bank deposits (such as petty cash), and credit card accounting entries are typically reconciled. Each period, you should rigorously reconcile accounts to discover bank mistakes, correlate actual information with Sage 50 data, and detect suspected fraudulent behavior. Try to get your bank to provide statements at the conclusion of a term or month to prevent fraud and discover problems early. Then, as quickly as humanly possible, balance your account.