Accounts Reconciliation Is the Key to Detect Fraudulent Transactions: WHIZ CONSULTING

Reconciliation of accounts consistently helps business owners to:

Avoid any balance sheet errors that may lead to adverse consequences.

Ensure accuracy and consistency of financial records.

Make accurate financial decisions

Detect any pecuniary inconsistency in the financial records.

Maintain solid relationships with vendors and suppliers.

Earlier, business owners conducted manual methods to reconcile accounts, but businesses are transitioning towards automation since the introduction of cloud accounting software. Manual processes arise the possibility of human error leading to adverse situations, whereas, with cloud accounting software, human errors are minimised, giving better accuracy. Automating reconciliation reduces operational costs, errors, ensures data security, improves accessibility, and increases efficiency. With the introduction of automation in the process, an additional layer of security is added. At the same time, human resources can allot more time to the creative and strategic part of the business.

Reconciliation of accounts can be initiated weekly, monthly or quarterly as per the convenience of the business. However, businesses that involve high volume transactions or are industry-related should reconcile accounts more often due to the increased chances of fraud or discrepancies.

Accounts reconciliation is not confined to a specific procedure. It works per the double-entry bookkeeping system wherein every transaction exists once as a debit and once as a credit. It makes the process of accounts reconciliation and comparison of the records much more feasible. However, accounts can be reconciled in two ways:

Documentation review: The most common form of account reconciliation is reviewing the document. It calls for account detail in the statements and a review of the appropriateness of each transaction. This discloses whether the amount in the account matches the amount actually spent by the company.

Analytics review: This method reconciles accounts based on estimates of historical account activity. It involves estimating the balance that should be in the account as per the historical analysis.

The choice of review depends upon business to business. However, every reconciliation process is followed by steps to figure out any missing transactions or potential errors. The series of steps involve:

To check the general and ledger for all the accounts to verify that no missing transaction exists.

To compare the general ledger balance with the data of independent third-party systems or other supporting documents.

To take corrective actions to eliminate any discrepancy.

To prepare necessary journal entries to balance out the errors (if any occurred).

The last step is to post the new journal entries to reconcile the accounts.

Although reconciliation of accounts ensures transparency and accuracy, there are specific problems associated with it. Sometimes carelessness and shortcomings lead to mistakes that ultimately affect the business’s financials. The most common issues associated with reconciliation can be:

Reversal errors – This happens when a transaction is entered as a debit entry instead of a credit entry.

Duplicate payments – This happens when a payment is made twice to a particular supplier.

Entries in the wrong month- Debits and credits entries are entered in the wrong months instead of the actual payment month.

Missed reconciliations: Reconciliation is affected if not performed consistently. A timely reconciliation enables to recall of the details of transactions quickly. Otherwise, it becomes difficult to get a clear understanding of the business’s financials.

Whiz Consulting, one of the leading outsourced accounting and bookkeeping service providers, has served its clients for decades. The professionals here possess expert knowledge and years of experience, thereby solving accounting and bookkeeping-related issues in the business.


Ranking First in the AppsFlyer Growth Index (Indian Subcontinent), Axismobi Plans to Announce Axisdash 2.0 Soon

Noida, Uttar Pradesh, March 28th, 2022 – AppsFlyer is an open marketing platform that helps companies and business people to make better choices by providing measurement, analytics, engagement, and fraud protection technologies.

The company has been releasing its Performance Index since 2015 to help mobile marketers connect with correct media sources. This year Edition 14 is termed as ‘media shakeup.’ It includes:

Updated SKAN Index, including in-app engagement, purchases, and ad signals.

Rankings of performance for consenting iOS users to compare to non-consenting sectors.

Rankings for reach, retention, remarketing, growth and monetization should be separated.

A detailed examination of the performance of Meta, Google, Apple Search Ads, TikTok, Snap, Unity Ads, ironSource, and 600 other platforms.

Unparalleled scale: 18,000 applications, 11 regions, and 40 app categories are available.

The Index includes SIX subcategories: SKAN Index, Retention Index, IAP Index, IAA Index, Growth Index, and Remarketing Index, with global and continental companies registered.

The Growth Index

AppsFlyer compared the performance of the top 150 media sources in the second half of 2021 to the first half of 2021. The comparison was generated by integrating a variety of parameters on a worldwide or regional basis, including install growth, app number growth, and an increase in the proportion of the app install pie.

In the Indian- Subcontinent region, Axismobi ranked first, outstanding big giant company, with million user acquisition in a day globally.

The company is announcing the introduction of Axisdash 2.0, providing a unified programmatic and ad-tracking solution with simple connectors for publishers and advertisers and accessibility for Mobile & Web Tracking Solutions.


Axismobi is an Intelligent Mobile Marketing Platform that helps its customers with new and advanced Programmatic Solutions—introducing brands across regions and doing regional ad tracking desks to scale up revenues for advertisers and publishers. AxisPerformance helps with market research, audience targeting, and brand segmentation.


Company Official Name: AXISMOBI

Company Address: C Block, Phase 2, Industrial Area, Sector 62, Noida, Uttar Pradesh.

Company Link:

Contact person: Molly Bhattacharya (Content and Social Media Manager)

Email Address: molly ( @ ) axismobi dot com


Webllisto Technologies celebrates expanding its horizons to Lucknow, India

Recently, we expanded our expertise to Lucknow to spread our services pan India and globally. Through this division of our new office, we aim to cater to business-oriented website development services with innovative technologies. We aspire to heighten our presence by imparting amazing opportunities to clever IT professionals to exhibit their skills in the market.

We are all set to widen our technological plant with deeper roots situated in Indore and with proper nutrition to flourish in Lucknow. With the Lucknow office, we focus on doubling our working capacity to offer mission-driven services to our clients globally. We persevere through devoted working hours to meet dedicated deadlines. Our clients are our priority and hence we channel our force towards optimized results. .

Read more for full info of blockchain technology & development:

Take a brief overview of the services offered by us:

Software and web applications development services

Applications for iOS, Android, and windows

Blockchain Development services

DeFi Development services

Cryptocurrency Development Services

Dapps Development


Digital Marketing Services and more

These are comprehensive services undertaken by our Lucknow branch. Contact us at the Lucknow office for a detailed outline.

About Webllisto

Webllisto takes pride as a prominent Software Development company catering to exceptional Web Development services. We aim for optimized results with complete customer satisfaction. Our clients are from around the world availing of our top-notch services with a satisfactory response. We are a reputed software and application development company with innovative technologies for widespread outcomes. We render industry-specific services that enable variations and customization for Blockchain and other technologies. With a broad sense of blockchain application, we are savvy developers for elegant business. We also aid startups and enterprises grow their horizons with our marketing services and guide them to keep pace with the fierce competition.


Hustle Drops Revolutionizes the Way People Think About Pre-Workout Supplements

Hustle Drops are designed with athletes in mind, helping them perform at their best every time.

While many workout supplements rely on stimulants to boost athletic performance, Hustle Drops, an all-natural pre-workout supplement, is taking a new approach by focusing on respiratory support. It leverages the power of organic peppermint to encourage better oxygen flow and, in turn, reduce fatigue, boost energy, and increase focus for better and longer workouts.

“We want to be completely transparent and focus on one main ingredient, peppermint, while augmenting its effects with secondary ingredients. The proper form of peppermint, taken in the right way, can provide incredible benefits. One of the main goals of Hustle Drops, and the parent company DropFX, is to show the world the amazing utility of nature.” says the team from Hustle Drops.

With peppermint, specifically L-Menthol, a potent muscle relaxant and local anesthetic, as its base ingredient, the product is tirelessly fined-tuned to align with the needs of athletes and high-performing individuals. As a natural decongestant and relaxant, peppermint helps relax and open the airways, increasing brain oxygen concentration.

Beyond supporting better oxygen flow, peppermint is also known to provide relief from mental exhaustion and stress due to its refreshing aroma. For athletes who are often under a lot of pressure, this is beneficial in preventing restlessness and staying focused as they go through their tasks.

In addition to peppermint, Hustle Drops is formulated with scientifically-proven ingredients, carefully selected for their synergistic benefit to the body. Ingredients include monk fruit, mint, coconut oil, and wintergreen oil – each with antioxidant and brain-boosting properties.

Hustle Drops builds on the premise that increased oxygen availability leads to more muscular output, faster reaction time, and active recovery. Every cell in the body is designed to use up oxygen to fuel essential functions. When the oxygen levels drop, the body and the mind start to falter. Many feel sluggish, and their concentration begins to blur.

During exercise, the muscles work harder and use more oxygen to produce the energy it needs. This is why breathing and heart rates increase. Hustle Drop’s combination of ingredients helps improve lung health and open the airways, pulling more oxygen to the body and enabling athletes to work harder for longer while staying focused and recovering faster.

Hustle Drops come in 30 ml (1 oz) bottles, serving approximately 60 doses. Users are recommended to start with a small dose, around 1-2 drops, and gradually increase their dosage to up to 1 ml/day for fitness supplementation.

The product is available for delivery across the US and internationally.

Learn more about Hustle Drops here: Follow it on Instagram and TikTok @hustledrops.

Disclaimer: The statements made regarding these products have not been evaluated by the Food and Drug Administration. This press release is not intended to be a substitute for professional medical advice, diagnosis, or treatment. Please check with your doctor. The news site hosting this press release is not associated with Hustle Drops. It is merely publishing a press release announcement submitted by a company without any stated or implied endorsement of the product or service.

Why K-Beauty Influencer Oki Roki Shared CURECODE Soothing Relief Gel with over 50 Thousand Followers

Here’s why one of South Korea’s most trusted beauty influencers said, “Like watering a dry rice field ~ A smart moisture product that can quickly replenish moisture to dry skin: Cure Code Soothing Relief Gel!!”

The Beaustar influencers in South Korea are the gold standard for skin care reviews in South Korea. Recently, Beaustar and Instagram influencer Oki Roki reviewed CURECODE Soothing Relief Gel, an intensive hydrating skin barrier repair gel from Dr. Raymond Labs with her 50.5-thousand followers. CURECODE is the world’s first ever “smart” skin care line with Neuromide, a patented formula that helpss the skin’s built-in calming system to speed up hydration and soothing as it strengthens the skin barrier.

“Those of you who are serious about moisture will know well that actually, it is more difficult to moisturize in spring and summer than in winter!

This product has good penetrating power and can provide intensive moisture to the skin,” Oki wrote in her review. “I really liked the texture of the moisturizing gel, which was full of moisture!!”

One of her favorite qualities of the moisturization was how CURECODE Soothing Relief Gel calmed any feeling of “tugging” that dryness in the skin can create. “My skin could not be more comfortable than this,” she wrote. “I fell in love with my skin all over again, now that there is no more problem with dryness and the tightness and itchiness it can cause. Thanks to the Soothing Relief Gel. Now, if you’re worried about seasonal rich creams, but the tightness is still there~I think you can use it with satisfaction!”

In addition to the patented Neuromide that helps a long-chain ceramide boosting into the skin barrier to strengthen and repair it from the inside, CureCode Soothing Relief Gel contains prebiotics and postbiotics to foster a healthy skin microbiome, and St. John’s Wort, an herb used for centuries to treat damaged skin because of its soothing, calming properties. Xylitol helps to bring own skin’s surface temperature.

More information and a complete ingredients list can be found on the product’s webpage.

About Dr. Raymond Laboratories, Inc

Dr. Raymond Park has researched in skin barrier Science has helped many people who have suffered from skin barrier dysfunction. Dr. Raymond Labs has invented platform Skin Barrier Technology, named as Crystal Lamella MES (Micro-Encapsulation System) and have published more than fifty articles covering dermatological research. is the official site to introduce innovative skin barrier products.