Free calculator
Bank reconciliation difference calculator
Compare the adjusted statement balance with the adjusted book balance and identify the unexplained difference.
Reviewed by the Booksmrt bookkeeping teamLast reviewed 2026-07-27
Result
- Adjusted statement balance
- $25,450
- Adjusted book balance
- $25,450
- Unexplained difference
- $0
Formula
Difference = (statement balance + deposits in transit - outstanding payments) - (book balance + book additions - book deductions)
When to use it
Use it as a diagnostic during a statement-based reconciliation.
What it does not prove
A zero result is not proof of accuracy. Verify the date, statement, account, outstanding items, duplicates, and source support.
Sources
Keep learning
Bank reconciliationBank reconciliation explains the difference between the book balance and an external bank statement for the same date.Reconciliation differenceA reconciliation difference is the unexplained amount remaining after comparing a ledger balance with its independent statement or schedule.Bank feedA bank feed imports transaction data from a financial institution into accounting software.
Educational information only. Booksmrt provides bookkeeping services, not tax, legal, audit, or investment advice. Confirm material accounting and tax decisions with the appropriate professional.