What is balance reconciliation?
Combining opening balance with period debit and credit movements to obtain a closing balance as of a date, optionally compared with the counterparty-reported balance.
Current Account Balance Reconciliation
Draft closing balance from your opening balance and period debit/credit movements under Turkish practice.
Statement files are sent to the server for analysis. Analysis runs rule-based on this server; no external LLM is called. No permanent storage (request lifetime). Files may contain personal/financial data.
Current Account Statement Reconciliation Tool
Parses and matches two PDF, Excel, or Word statements on the server with rule-based logic; compares date, amount, description, and debit/credit fields. No external LLM is called.
Frequently asked questions
Related topics
Educational reconciliation draft only; not a substitute for legal advice or final accounting entries.
Official sources
Turkish current-account contract and commercial books rules are in TCC No. 6102. This tool does not apply the contract; sources are for context.
- mevzuat.gov.tr — Turkish Commercial Code No. 6102
Arts. 89–101: current-account contract and period closing (this tool does not create that contract). Art. 21: eight-day deemed acceptance for invoices and certain confirmation letters — not automatically for balance-reconciliation letters. Arts. 64–88: commercial books framework; the tool is not a substitute for statutory books.
Reviewed on: September 21, 2026
Method and scope
Computes closing balance from opening balance and debit/credit lines you enter. Does not create a TCC Arts. 89–101 current-account contract; not legal evidence or an admission of debt.
Statement vs reconciliation
A statement lists transactions. Balance reconciliation produces a closing balance from opening + movements. This page has two modes: rule-based comparison by uploading statement files, or manual balance calculation by entering amounts.
Formula
On our books, debit is positive and credit opening is negative. Closing = signed opening + total debit − total credit.
closing = signedOpening + totalDebit - totalCredit
Perspective
Calculation is always from your books. The counterparty’s same economic balance is typically the opposite direction.
Statement matching rules
Priority: reference+amount+opposite direction; if no reference, date+amount+opposite (unique candidate only). Description similarity (Jaccard ≥ 60%) is a probable suggestion only, not a confirmed match. Same direction never matches. Ambiguous/probable rows need user review. Auto-matching is not accounting or legal approval. Equal balances do not mean every line is correct.
Steps
Build the draft in this order:
- Enter party, date and currency.
- Set opening amount and direction.
- Add single-sided debit or credit lines.
- Calculate the closing balance.
- Optionally enter counterparty closing to check economic match.
Example (Golden A)
Fixed manual check example:
- Opening 10,000 debit; +2,500 debit; −4,000 credit.
- Closing 8,500 debit (signed 8,500).
- If they report 8,500 credit, economic match holds.
- Educational only; no legal effect.
What does a difference mean?
The absolute amount difference compares reported closing amounts. Direction should be economically opposite. A gap may be a booking or period issue; it is not an automatic legal conclusion.
Legal limits
Does not create a TCC Arts. 89–101 contract. TCC Art. 21 eight-day deemed acceptance for invoices/confirmation letters does not automatically apply to balance-reconciliation letters. Output is a draft.
Privacy
There are two modes: in statement-upload mode, files are sent to the server for analysis (rule-based; no external LLM). No permanent database record is written for this request; processing completes in memory. In manual-balance mode, calculation stays in the browser; rows are not sent to the analysis API. PDF/Excel download is local.
Out of scope
Multi-currency within one file, FX conversion, interest accrual, ERP integration, legal enforcement, or debt acknowledgment are out of scope.
Glossary
Key terms:
- Debit: positive balance/movement on our books.
- Credit: negative signed opening; credit column for movements.
- Opening balance: amount and direction at period start.
- Closing balance: amount and direction from the formula.
- Running balance: signed balance after each line.