#BALANCING A CHEQUEBOOK HOW TO#

You should be writing down each and every transaction you make against your checking or savings account as it happens. While online banking information may seem to make things so easy to balance out your checkbook, you should actually be doing the opposite. You are only listening to what the bank is feeding you - and it could be to your own detriment. However, in using backwards reconciliation tactics, you are essentially missing the point of reconciling your checkbook. You may just fill in another blank space on your check register and move on to the next item. While you can’t exactly remember making that specific purchase in that particular store, you likely will not question it.

#BALANCING A CHEQUEBOOK HOW TO#

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Balancing a chequebook