Match your register to the bank by accounting for deposits and checks still clearing.
This calculator reconciles your checkbook register against your bank statement to check whether the two agree.
Bank statements and your register rarely match at a glance because some transactions have not yet cleared. The tool starts with the bank statement balance, adds deposits you have recorded but the bank has not yet posted, and subtracts checks or payments that have not yet cleared. The adjusted bank figure should then equal your register balance if everything is accounted for.
If the adjusted bank balance matches your register, your books are reconciled. If they differ, the gap points to a missed entry, a math error, a bank fee or interest you have not recorded, or a transaction posted for the wrong amount. Reviewing recent items usually finds the culprit. This tool checks your figures but does not detect fraud or replace reviewing your statement carefully.
Timing differences from uncleared checks and unposted deposits, plus unrecorded fees or interest, commonly cause the two to differ.
Check for a missed transaction, a bank fee or interest you have not entered, or a recording error in an amount.
Yes, fees and interest posted by the bank but not yet in your register are a frequent source of a mismatch, so record them.
See the exact formula and a worked example on our methodology page.