Features of Ledger Balance?

The main features of a ledger balance are as follows:

The ledger balance of a bank account gets updated at the end of every business day. You get this amount only after all the transactions within an account get approved and processed by the bank.
A bank calculates the Ledger balance amount after they post transactions related to deposits, cleared checks, wire transfers, credit card or other debit transactions, along with correction of any errors.
The bank statement provides the ledger balance but only up to a particular date. If any deposits are made or cheques written on or after that date, they will not reflect on the statement until the account holder gets a new bank statement for a different date.
The Ledger Balance will change at the end of each business day when the bank processes the deposits or withdrawals from your account.
The ledger balance helps ascertain if the account holder maintains a specific minimum balance in their account.
When you withdraw money from your account, it will immediately get reduced from your ledger balance. But it will not reflect in your bank account until the money gets debited from your account.