Oscar Wong / Getty Images Many people are surprised when they review their bank or credit card statements and realize ... a snapshot of your financial position at a specific point in time.

Checking your credit card statement every month is an important financial task. The statement holds key information about your card’s balance, interest rate and payment due date. Plus ...

The first step is to decide how often you want to reconcile your bank and credit card statements with your small business books. Some common options are monthly, quarterly, or annually.