flowchart TD Start("1. Download Bank Statement"):::dataNode Step1["2. Gather Personal Records"]:::dataNode Step2["3. Compare Beginning Balance"]:::processNode Step3["4. Check Each Transaction"]:::processNode Decision1{"5. All Transactions Match?"}:::decisionNode Step4["6. Investigate Discrepancies"]:::processNode Decision2{"7. Error or Fraud?"}:::decisionNode Step5["8a. Contact Bank"]:::errorNode Step6["8b. Update Personal Records"]:::processNode Step7["9. Calculate Ending Balance"]:::processNode Decision3{"10. Balances Match?"}:::decisionNode Success("11. Mark Reconciliation Complete āœ“"):::successNode Start --> Step1 --> Step2 --> Step3 --> Decision1 Decision1 -->|Yes| Step7 Decision1 -->|No| Step4 --> Decision2 Decision2 -->|Error/Fraud| Step5 --> Step7 Decision2 -->|Your Mistake| Step6 --> Step7 Step7 --> Decision3 Decision3 -->|Yes| Success Decision3 -->|No| Step4 classDef dataNode fill:#4facfe,stroke:#2c3e50,stroke-width:3px,color:#fff,font-size:16px classDef processNode fill:#51cf66,stroke:#2c3e50,stroke-width:3px,color:#fff,font-size:16px classDef decisionNode fill:#ffd93d,stroke:#2c3e50,stroke-width:3px,color:#2c3e50,font-size:16px classDef errorNode fill:#ff6b6b,stroke:#2c3e50,stroke-width:3px,color:#fff,font-size:16px classDef successNode fill:#43e97b,stroke:#2c3e50,stroke-width:3px,color:#fff,font-size:16px linkStyle default stroke:#6c757d,stroke-width:2px,font-size:14px
Ending Balance Formula:
Bend = Bstart + D - W
(Beginning Balance + Deposits - Withdrawals)
Reconciliation Progress
0%
šŸ“‹ Reconciliation Checklist
āœ…
Reconciliation Complete!
Great job balancing your account!