Managing your personal or business bank account is a never-ending process. The process only gets more challenging, if there is more than one person making these transactions. If you are unable to keep track of your checking account activity, there will definitely be risks of overdrawing. Many financial institutions will charge overdraft fees, which can range anywhere from $20-40 on each overdraw.
Eliminate Potential Errors
If you are serious about enhancing your accounting skills, you should take advantage of the printable check register. This model document contains the most important details of your checking account activity. There are categories for cash withdrawals, direct and cash deposits, automatic bill payments, and debit card purchases. The format is very simple, so anyone can utilize the spreadsheet without difficulty.
Getting Everyone Involved
The great benefit of utilizing readymade documents is you can print them out or store them on your computer. If you share your checking account with others, you should supply them with a check register, so they can jot down their transactions as they make them. You can also alter the color and font size to suit your needs and preferences, before printing. The paper check register is the most efficient way to monitor your checking account balance.