How to Reconcile a Checking Account based on a Monthly Bank Statement

1
How to Reconcile a Checking Accountbased on a
Monthly Bank Statement

• Bank Statement Balance
• Add Outstanding Deposits
• Subtract Outstanding Checks
  
• Equals Revised Bank Statement Balance
• Check Register Balance
• Difference

2
How to Reconcile a Checking Accountbased on a
Monthly Bank StatementExample

• Bank Statement Balance
  575.00
• Add Outstanding Deposits
  100.00
• 4/30 100.00
• Subtract Outstanding Checks
  (125.00)
• 123 50.00
• 125 75.00
  ..
• Equals Revised Bank Statement Balance
  550.00
• Check Register Balance
  550.00
• Difference
  0.00