1.5: How to Create a Bank Statement.

How to create a bank statement.

To create a bank statement follow the following steps:

Step 1. In the accounting overview page, click on the specific bank account you wish to create a bank statement for as shown below.
Step 2. Click on the (3dot) icon as shown below then click on statement.

Step 3: On the new page that opens up, click on the create button as shown below.

Step 4. On the page that opens up, fill in the critical details such as opening balance which is the actual balance in the bank or we use the amount posted in the bank journal if at all the posted details is accurate.  We will fill the end balance at the close of the period.

Step 5. Click the save button when done as shown below.

To view the bank statement click on print command as shown below to download a pdf documents which you will then print.

The bank statements is as follows. In this statement, the name of the company, journal, starting balance and ending balance are visible as shown below.

Next: How to Record Transactions in a Bank Statement