What is a control book?
A leather book is a small book of records to be kept with a checkbook in which all different control transactions can be immediately recorded. Although many people are now doing their banking online, maintaining a checkbook is still very common, because it's an easy way to see the amount of money in a check -up account at first sight and it's also easy to check for mistakes when a bank statement comes every month. Ledgers usually come up with most control orders or can be ordered online. Another option is to simply print them because there are also several templates available for free online.
A similar appearance to a small table, the control book contains a number of different columns and rows. Vertical columns usually begin to write a check number or transaction code, such as "ATM" to download ATM. The next column is designed for the date and the widest column is designed to write the recipient of the inspection or purpose or download. The remaining three columns indicate deposits, withdrawals and withOučty. Maintaining deposits and selections in different columns makes visual understanding easier to see.
The reason why the control book is transmitted with a checkbook is to ensure that all transactions are written. This can help prevent an account overturning or jumping control. In addition to writing all checks, it is important to realize atm withdrawals, interest deposits or bank fees and regular deposits such as automated wage deposits at the workplace. Individuals who have set up their accounts to automatically select the current account funds should definitely write them every month in a control book.
At the end of the month, the book book is compared with a bank statement to ensure that everything matches. Ams each of the transactions should be the same as the final balance when all transactions are taken into account. Most people decide to balance their control books once a month to be able to bish with bAnka to correct any mistakes before they become a problem; Waiting can make it difficult to solve any problems. Businesses or individuals who write a large number of checks may have to balance the checkbook even more often.