Other - 1. Failing to maintain the general ledger, individual ledgers, and bank reconciliation to reflect accurate current balances. 2. Failing to conduct and/or document monthly reconciliation on a written worksheet to ensure the agreement of the general ledger
1. Failing to maintain the general ledger, individual ledgers, and bank reconciliation to reflect accurate current balances. 2. Failing to conduct and/or document monthly reconciliation on a written worksheet to ensure the agreement of the general ledger balance, reconciled bank balance, and individual ledger totals. 3. Failing to maintain individual ledger accounts for each transaction identified by the property or the principal, which records all receipts and disbursements of the transaction, and clearly separates the transaction from all others.
