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What's the difference between Ledger Balance and Current Balance on a bank's web site?
My bank upgraded their software on May 1, and I was looking at the display for my account.
There’s a new column on the far right labelled “Ledger Balance” – it appears on the far right column. The row that it appears on is marked “Daily Ledger Balance”.
It is always the same $$ amount as the “Current Balance”.
What’s the difference, from an accounting standpoint, and should I care?