MTD bank-transaction and document review
Every transfer looked like another payment to the business.
01
The problem
Noah moved money between accounts and sometimes paid business costs personally. Looking at a bank feed alone made his records seem busier than the business really was.
02
How TaxSimba helped
TaxSimba reviewed the records within the agreed service and asked about transfers and unclear entries instead of treating every deposit as customer income.
03
The outcome
Noah's records were corrected before the update was prepared. He understood which transactions needed an explanation and why bank information still needed review.