Read the result
Adjusted bank = statement balance + deposits in transit − outstanding payments. Adjusted ledger = ledger balance + unrecorded receipts − unrecorded bank fees. Difference = adjusted bank − adjusted ledger.
For the example, both sides equal 10,400 and the difference is zero. A zero difference means these inputs agree; it does not prove every transaction is valid or correctly classified.
Scope and limitations
Enter deposits, outstanding payments, receipts and fees as positive amounts. Closing balances may be negative for an overdraft. This simplified checker does not cover every adjustment, foreign exchange, bank errors or multiple currencies. It does not post entries or connect to your bank.