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  • Writer's pictureMarc Ebinger

Account Reconciliation: "Happiness is a Zero Balance"

Jordan Johnston, a Certified Public Accountant at Lowrey, Powell, Stevens, and Mangum, talks about his love of accounting and covers an overview of account reconciliation.


Marc:

So do you love what you do? Do you love the numbers thing?


Jordan:

I do. It's, it's a lot of fun. It's not boring. There's always something new and different. There are new challenges. There's a lot of problem-solving. One of the things that a former partner had taught me was "Happiness is a zero balance". So if you've got both sides of the equation worked out is zeros out. And so when you hit zero, you're reconciled. It's just a great feeling.


Marc:

My wife would not agree with that though. So her happiness is like a $50,000 balance.


Heather:

A positive balance.


Douglas:

I know exactly what he's talking about. And mine never reconciles. I couldn't imagine the emotion I would feel when it actually reconciled.


Marc:

So that's what you're talking about. It's a reconciliation.


Jordan:

Yeah, the trial balance on it when you debit.


Marc:

I didn't pass accounting.


Douglas:

I have to pay someone thousands of dollars in order for it to reconcile a hundred percent. Yeah.




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- [109] SQ Segment 1 - Clip 4 -

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