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Telsa Cola posted:Nah I mean that all makes total sense, but filling out a check itself is straight up: recipient, date, the amount, what its for, and your signature. Thats why I get confused when folks dont know how to do it. iirc "balancing a chequebook" involves noting and calculating the transactions that you make with cheques so that you know what the balance of your chequeing account is at any given time, and you know how much mor eyou can write from cheques from it. since that info is digital now, and besides, cutting a cheque is exceedingly rare, it's very much a forgotten "skill"
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Mar 12, 2024 20:19
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Telsa Cola posted:Yes, you add your checks together and subtract it from your checking accout total. yeah, but there was a bit more to it than that. banks used to take time to clear cheques, so one would often reconcile between bank statements and a chequebook. also, for bills and stuff, having pre-written cheques and pending transactions was important to know the money was going to be there to clear the cheque on time etc. not rocket science but its not as intuitive as modern ebanking. basically no point to do any of that poo poo now tho
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Mar 12, 2024 20:32
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banks and vendors used to be a lot more susceptible to error in the pre-digital age as well so reconciling with ones balanced chequebook at specific dates was important to understand how to do
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Mar 12, 2024 20:34
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redshirt posted:I still write my local town a check or two or more each year, I'm not sure the total number I'd have to check the check register. check the chequebook obviously duh
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Mar 12, 2024 20:51
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