Easy Steps To Balance Your Checking Account
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1Easy Steps to Balance Your Checking Account
1.
Enter your checkbook register balance.
Checkbook Register Balance
(1)
2.
To balance your checkbook register to your bank
Adjusted Checkbook Balance (Credits)
(2)
statement, first add any credits (+) such as deposits,
Adjusted Checkbook Balance (Debits)
(3)
interest or dividends, from both your Checking and Sweep
accounts (if applicable) which are NOT already recorded in
your checkbook register. Do not include Checking Reserve
Statement Ending Balance
(4)
transfers. Write your new checkbook register balance on
Total of Unlisted Deposits
(5)
Line 2.
TOTAL
(6)
Now subtract any debits (‐) such as checks, check card
3.
Total of Outstanding Check/Withdrawals
(7)
transactions, ATM withdrawals and your fees for services,
TOTAL
(8)
account maintenance or membership which are NOT
already recorded in your checkbook register. Do not
Checking Plus Reserve Balance
(9)
include Checking Plus Reserve payments.
Adjusted Account Balance
(10)
If you have Checking Plus Reserve, subtract the interest
charges and fees, if applicable, located in the Checking Plus
(7) Outstanding
(5) Unlisted Deposits
Reserve Summary section on the Checking Plus Reserve
Check/Withdrawals
Date
Amount
Statement page. If there has been no Checking Plus
Check #
Amount
Reserve activity or balance, you will not have a Checking
$
Plus Reserve Statement page. Write your new checkbook
$
$
register balance on Line 3.
$
4.
Enter the ending balance from the Checking Account and
$
Sweep Account (if applicable) Summary section of your
$
bank statement on Line 4.
$
5.
In the box provided, list any deposits you have made that
$
are NOT listed on your bank statement. Write the total on
$
Line 5. Include cash advances or transfers from another
$
$
account. Do not include Checking Plus Reserve transfers.
$
6.
Add Line 4 and Line 5. Enter the total amount on Line 6.
$
7.
In the box provided, list and total all checks and
$
withdrawals including check card transactions, ATM
$
withdrawals, bill pay payments, automatic payments, and
$
transfers from this account that are NOT listed on your
$
bank statement. Write the total amount on Line 7.
$
8.
Subtract Line 7 from Line 6. Enter the amount on Line 8.
$
9.
Non‐Checking Plus Reserve customers enter zero on Line 9.
$
Total
$
Checking Plus Reserve customers enter the amount shown
$
as the ending balance on the Checking Plus Reserve
Statement page. If there has been no Checking Plus
Write total on Line 5
$
Reserve activity, you will not have a Checking Plus Reserve
statement page.
$
10. Subtract Line 9 from Line 8. Enter the amount on Line 10.
11. Compare your Adjusted Account Balance (Line 10) to your
$
Adjusted Checkbook Register Balance (Line 3). They should
be the same. If they are not the same, review the process.
$
Some common checkbook register errors include addition,
$
subtraction, and transposition errors.
Total
$
Write total on Line 7
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Parent category: Business