Most small businesses, especially online , do not have IT departments and staff accountants to help in gathering the information necessary to verify a complex services statement, like that from your merchant services provider. The solution to this dilemma lies in the basic equipment you use to conduct your online business. One of the benefits of dealing with a merchant account provider like Ignite Payments, is that they provide more than a link to the merchant services provider, they also provide the machines and software that record your transactions and interact with your accounting system. Some tips to help you perform this vital task include building customized spreadsheets that detail your transactions and the rates and fees that apply to them. Many point of sale (POS) systems provide for export or downloading of data files into spreadsheet and accounting software packages – attempt to procure systems where data interoperability is included. Another is to compare your statement with your point of sale or card terminal output or tapes – if you do, you’ll understand your business better and be more in charge of your finances.