Home
University of South Florida logo Florida D D Council logo

Transition to Work

Money and Budgeting

Keeping Track

Bank Statements

Every month your bank will send you a statement. This is a sheet or sheets of paper that list all the things that happened with your account for the last month. Each deposit, withdrawal, or fee is called a transaction. The bank totals all the transactions, and then lists the amount left for you.

bank statement

 

 

Checking Your Balance

When you check the bank statement with your own register, it is called reconciling your account. This means your list of transactions are the same as what the bank has. This is a time to check for mistakes. It is important for you and the bank to agree.

There are four steps to balancing your check register with your statement.

Click here for STEP 1.

Click here for STEP 2.

Click here for STEP 3.

Click here for STEP 4.