Bank Statement Generator with Calculator

Bank Statement Summary & Reconciliation Tool

Use this tool to aggregate your monthly transactions and verify your bank statement accuracy.

Statement Analysis Results

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Understanding Your Bank Statement Summary

A bank statement is a summary of financial transactions which have occurred over a given period on a bank account held by a person or business. While banks provide these automatically, using a Bank Statement Generator and Reconciliation Tool allows you to double-check their math and understand your spending patterns more clearly.

Key Metrics Explained

• Starting Balance: The amount of money in your account at the very beginning of the statement period.
• Credits (Deposits): Any money that entered your account, including payroll, transfers in, and interest earned.
• Debits (Withdrawals): Any money that left your account, including ATM withdrawals, bill payments, and bank fees.
• Ending Balance: The mathematical result of: Starting Balance + Credits – Debits.
• Net Cash Flow: If this is positive, you saved money during the month. If it is negative, you spent more than you earned.

Why Reconcile Your Statement?

Reconciliation is the process of ensuring that your internal records (your own tracking) match the bank's records. Errors can occur due to bank processing delays, hidden fees, or even unauthorized transactions. By manually calculating your ending balance, you ensure every penny is accounted for.

Practical Example

Suppose you start the month with $1,200.00. During the month, you receive a salary deposit of $3,000.00 and spend $2,500.00 on rent, food, and bills. Using the calculator:

$1,200.00 (Start) + $3,000.00 (Credits) – $2,500.00 (Debits) = $1,700.00 Ending Balance.

In this scenario, your Net Cash Flow is +$500.00, meaning you increased your total savings during this cycle.

function generateStatementSummary() { var opening = parseFloat(document.getElementById('openingBalance').value); var credits = parseFloat(document.getElementById('totalCredits').value); var debits = parseFloat(document.getElementById('totalDebits').value); var days = parseFloat(document.getElementById('statementPeriod').value); if (isNaN(opening) || isNaN(credits) || isNaN(debits)) { alert("Please enter valid numeric values for all financial fields."); return; } var endingBalance = opening + credits – debits; var netFlow = credits – debits; var resultDiv = document.getElementById('statementResult'); var balanceOutput = document.getElementById('endingBalanceOutput'); var flowOutput = document.getElementById('netCashFlowOutput'); var avgOutput = document.getElementById('avgDailyFlowOutput'); var statusDiv = document.getElementById('statusAlert'); resultDiv.style.display = "block"; balanceOutput.innerHTML = "Projected Ending Balance: $" + endingBalance.toLocaleString(undefined, {minimumFractionDigits: 2, maximumFractionDigits: 2}) + ""; var flowText = netFlow >= 0 ? "Positive Net Cash Flow" : "Negative Net Cash Flow"; var flowColor = netFlow >= 0 ? "#27ae60" : "#e74c3c"; flowOutput.innerHTML = "Net Movement: $" + netFlow.toLocaleString(undefined, {minimumFractionDigits: 2, maximumFractionDigits: 2}) + " (" + flowText + ")"; if (!isNaN(days) && days > 0) { var dailyAvg = netFlow / days; avgOutput.innerHTML = "Average Daily Cash Flux: $" + dailyAvg.toLocaleString(undefined, {minimumFractionDigits: 2, maximumFractionDigits: 2}) + " / day"; } else { avgOutput.innerHTML = ""; } if (netFlow > 0) { statusDiv.style.backgroundColor = "#d4edda"; statusDiv.style.color = "#155724"; statusDiv.innerHTML = "Status: Your account is growing. You saved " + ((netFlow / credits) * 100).toFixed(1) + "% of your credits this period."; } else if (netFlow < 0) { statusDiv.style.backgroundColor = "#f8d7da"; statusDiv.style.color = "#721c24"; statusDiv.innerHTML = "Status: Your account balance decreased. Ensure your withdrawals match your planned budget."; } else { statusDiv.style.backgroundColor = "#e2e3e5"; statusDiv.style.color = "#383d41"; statusDiv.innerHTML = "Status: Your balance remained neutral this period."; } }