How To Reconcile Your Bank Statement: Fill & Download for Free

In the Reconcile tab of your bank account, click Find & Match for the bank statement line you want to reconcile.Find or search for the transaction, then select the checkbox for each invoice, bill or expense claim you want to match with the bank statement line.Click Split.

Reason to keep Statements1- To review bank account activity regularly for instances of identity theft and debit card fraud.2- Use to verify income and transaction history, especially your charity transaction and business expenses.3- ATM slips, deposit and withdrawal slips can shredded after reconciling.Maintaining hard copies of bank statement is not necessary because banks and your finance and accounting services provider take care of your data and all transaction history on cloud. You can access it from anywhere and anytime. Even your accounting service provider takes care of your general ledger and other personal accounting details like petty cash, etc. as well as bank account and credit card details. They will also alert you about any unwanted transaction, So you don't need to keep hard copy statements for longer time.This might be also helpful - What account reconciliation services are & why to use?

My daughter was the first to realize it, on her first day of kindergarten, when she came home and announced that I didn’t have to worry about explaining any stuff to her anymore, because her teacher was the smartest person in the whole world… lol Later, she decided that maybe I was smarter than her teacher, and perhaps smarter than she thought overall.I was FAR behind her at the advanced age of 10, when I found out that my mom was not very good at math… She had shown me her checkbook, and how she couldn’t figure out for the life of her how to use it without bouncing occasional checks… From 10 on, I was in charge of checking the math in her checkbook weekly, and for reconciling her bank statement at the end of the month, largely because I would and could follow the directions on the back!Some of my children changed their minds, back and forth, about whether I was smarter than they were or are, and like all people, we have our areas of expertise!Two of my kids are probably smarter than me overall, but don’t have near as much experience, and know it. All of them have some area of knowledge in which they have become my go-to consultants, as I am their go-to for other things.