No matter what business you are in, regardless of whether you are a "Not for Profit", "For Profit", or "No Profit but Want to Make a Profit" organization, you need cash to operate; no exceptions. You need cash to pay your staff, buy office supplies, buy inventory, rent your office space, pay utilities, and so on. We could write a list with hundreds of items on it for which we need cash. How closely do you monitor your cash? How often do you reconcile your account with the bank? If cash is the "life source" of our businesses, we need to keep close tabs on it with bank reconciliation.

Many years back, before safe pay (GP module) and positive pay (bank service) were popular, a company that used GP found a fraudulent activity while reconciling the bank account. An employee at the company was changing the amounts on the check before cashing the checks. This was found quickly as the company reconciled that bank account every week. What if...