Bank Statement

Bank statement is that accounting source document which shows all financial transactions on company's bank account over a period. In this statement, we know total amount deposited, total amount paid by bank, online bank transfer, bank interest and bank charges. In simple words, it shows the movement of bank accounts over a period.
In past, bank statement was made after every one year and mailed to customer of bank. But after starting online banking, bank customer can see and print bank statement after a single transaction with bank. This is called virtual bank statement. Following is the screenshot of my online SBI bank account's virtual bank statement.

There are following benefits of watching virtual bank statement

1. To see large number of your different bank accounts' bank statements within few minutes.

2. To see bank statement of different time period.

3. You can download it in excel or pdf file.