Verify Your Statement's Accuracy

• 1). Compare your check register against your bank statement. All checks should be subtracted and all deposits properly added. Verify your ending balance based on your additions and subtractions.
  
  
• 2). Verify the amounts of all checks and deposits against the amounts shown for each bank transaction. For example, if your check number 1045 was written for $25, verify that the bank shows the same amount for check number 1045.
  
  
• 3). Compare any bank charges listed with the amounts you've recorded in your check register.
  
  

Reconcile Your Balance with the Bank's

• 1). List all checks you have written for the month but that have not yet shown on the statement. These are called the outstanding checks. Also list any deposits you have made that the bank does not yet show on its statement. These are called outstanding deposits.
  
  
• 2). Subtract the outstanding checks from the ending balance shown on the bank statement and add any outstanding deposits to the balance shown on the bank statement. This gives you the adjusted bank balance. This total should equal the balance shown in your check book at the end of the month.
  
  
• 3). Correct any discrepancies discovered in the reconciliation process. For example, if you recorded a check for $100 but the bank shows $110, subtract $10 from your your check register to correct the difference.