Irregardless of how reliable and trustworthy your bank is, they are bound to commit an error at some point. However, here are a couple of reasons why we must not abandon the service of a good old checkbook: Keeping a checkbook helps you monitor your bank.īy doing your own calculation of the money in your personal account, you can rest assured that you are not losing even a penny to mistakes that your bank could make. With the emergence of so many online applications and mobile banking as an option, checkbook registers are, sadly, as with so many other things, now a thing of the past. In fact, it’s possible that a lot of people don’t know how to use one. Plain Printable Checkbook Register Exampleĭownload Importance of Keeping a Checkbook RegisterĬheckbook registers are not exactly the most popular tools nowadays. You may also check out exit slip examples. For business settings, the company’s bookkeepers are usually the ones who record the transactions in the checkbook register before transferring the data into the general ledger and other ledgers that may be associated with the transaction.
It works like a journal but instead of recording your day-to-day activities, you list down your expenses instead.Ī checkbook register is also known as a check ledger or a transaction register. It is a helpful tool in balancing your expenses and keep your finances at a minimum. Keeping a good checkbook account will help you identify where your funds were spent, which can also help you identify should there be any miscalculation that a bank commits.Ī checkbook register is an informal tool that you can use to monitor the exact number of checks you wrote and the money that each one held so that you can determine how much money is left in your account. 10+ Deposit Slip Examples and Templates.9+ Financial Authorization Letter Examples.
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