Reasons To Edit Bank Statements
Do your bank statements seem to be a little too long? Is it difficult to find what you’re looking for or keep track of the transactions that need attention? In this post, we list five reasons why you should edit your bank statements.
- Find errors and mistakes quickly: When reviewing old transactions, an error may have been overlooked when the statement was first created because there were no other similar transactions on the same page. Editing a statement allows these errors to found quickly and corrected before they become a larger problem.
- Track down lost money: If money has unaccounted for in any way (such as with overdrafts), editing can help with tracking down where it went by identifying which account had more activity.
- Stop stress around finances and worry about what’s important, like your health
- Easily get a grasp on the true state of your financial affairs
- Monitor monthly spending to make sure you’re not overspending any one category. No more banking surprises!
- Get rid of redundant receipts and make room for other things in your pockets like extra cash or tissues
- Avoid overdraft fees
- Reconcile your bank statements
- Increase your chances of catching fraudulent activity
- Ensure all transactions have accounted for