Bank Statement Balance Checker
Identify running-balance mismatches, missing transactions, and closing balance discrepancies with fixed-point precision.
Click or drag & drop bank statement CSV or Excel (.xlsx)
Supports files up to 30MB with Date, Description, Debit, Credit, and Balance columns
Analyzing transactions with institutional-grade precision...
Calculation & Analysis Results
Execution completed successfully
Calculation Methodology & Formula
Expected Balance = Previous Balance + Credits − Debits. Every row is verified sequentially against stated running balances to isolate data gaps and altered figures.
Arithmetic is calculated using institutional-grade fixed-point precision with exact 2-decimal financial rounding. Standard binary floating-point drift is strictly prevented across all transaction volumes.
Supported Inputs & Limitations
Supported: CSV, XLSX, or manual row entry with Date, Description, Debit, Credit, and optional Running Balance columns.
Limitations: Verifies arithmetic continuity and completeness; does not verify legal authenticity of an uncertified third-party document.
Need to check an original bank PDF?
Convert scanned or digital PDF bank statements directly to clean Excel with automated balance continuity checks.
Frequently Asked Questions
How does the Balance Checker detect mismatches?
Starting with your stated opening balance, the tool sequentially computes: Expected = Previous Balance + Credit - Debit. If the row contains a stated running balance that does not match this calculated figure, it highlights the exact delta.
Can it handle negative balances and bank overdrafts (OD/CC)?
Yes. The engine uses institutional-grade fixed-point monetary arithmetic and natively accommodates negative balances, overdraft facilities (OD/CC), interest debits, and transaction reversals.
What if my statement does not have a running balance column?
The checker will calculate the expected closing balance from your opening balance and total credits/debits, and compare it against your expected final figure.
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