A balanced statement is a check—not a guarantee.

Reconciliation helps detect incomplete or misclassified extraction, but every exported row must still be compared with the source PDF.

The core balance check

Opening balance + credits − debits = ending balance

Depending on the statement, fees may already be included in debits or may need to be treated separately. The converter follows the reported statement structure and allows a small rounding tolerance.

Additional controls

  • Reported deposits versus extracted credit totals
  • Reported withdrawals or payments versus extracted debit totals
  • Fees and charges versus fee columns or fee summaries
  • Running-balance movement versus transaction direction
  • Opening, previous or start balance detection
  • Ending, closing or new balance detection
  • Source transaction count or activity total when supplied

Why reconciliation can still pass with an error

Two equal and opposite errors can cancel each other. A description may be wrong while the amount remains correct. A statement may also contain off-ledger information that is not part of the balance equation. Reconciliation therefore increases confidence but never replaces row-by-row review.

When “Review required” appears

Do not use the export as a finished accounting record. Compare transaction counts, dates, descriptions, debit/credit direction, amounts, balances and summary totals. Correct editable cells where appropriate or use a clearer source document.