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(, Sun 1 Apr 2001, 1:00)
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not the personal one, for obvious reasons...
but 3 or 4 cheques a month is pretty easy to keep track of!
even for someone who didn't start a business for the love of paperwork ;-)
(, Thu 9 Jul 2009, 23:38, 1 reply, 16 years ago)
Oh...
This still doesn't make me understand what "balancing" means.
(, Thu 9 Jul 2009, 23:40, Reply)
you deduct the value of the cheque you just wrote from the balance of the account...
on the page inside the front/back cover of the chequebook, thus keeping a real-time running total for the account. so when your bank statement arrives you can mutter WTF cos cheques you wrote 5 days ago haven't yet registered with the bank but you have already accounted for it yourself, leaving a discrepancy and sometimes much confusion and hilarity!
(, Fri 10 Jul 2009, 0:01, Reply)

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