Why Regular Bank Audits are Necessary

Banking errors, duplicate vendor charges, unexpected monthly maintenance fees, and unused software subscriptions can add up to thousands of dollars in unnecessary annual costs. Auditing static PDF statements visually line-by-line makes it easy to overlook small recurring charges.

Auditing Converted Statements in Excel

  1. Convert Statement to Excel: Process your PDF statement using StatementPro.
  2. Highlight Recurring Amounts with Conditional Formatting: Apply Excel conditional formatting to flag duplicate transaction amounts.
  3. Filter Fee Keywords: Search descriptions for "Fee", "Maintenance", "Overdraft", "Service Charge", or "Adjustment" to audit all bank-imposed costs.