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Fri Jan 20, 2017
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What does "reconciling my financial statement" (or balancing my checkbook) mean and how do I do it?  
Reconciling your financial statement (or balancing your checkbook) refers to verifying that your records (your checkbook register) match the bank's records, as shown on your monthly bank statement. For example, you will need to review your statement to see which checks have cleared and which haven't; ensure that any deposits, automatic withdrawals, and debit card/ATM transactions are recorded. Your financial institution may be able to provide you with step-by-step instructions on how to balance your checkbook or you can visit the Financial Readiness office at in the Army Community Service (ACS) center for assistance. There are many financial planning resources available online that can also provide information on reconciling bank statements such as
Keywords: Checking account, Banking, Checks, finance

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Army Community Service Financial Readiness Verbal
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