![]() ![]() When this step is completed, you are ready to start recording your transactions as they occur. If you have no opening balance, you may enter "0" or leave it blank. First, to ensure accuracy, you have to enter your Opening Balance if required, which essentially is the same as the "Balance Carried Forward". The main worksheet, labeled "Register", is where you will spend most of your time, but before you start recording your transactions, there are a couple of things you may need to do. The list already contains some predefined transaction types, which, if necessary, you can customize and add more rows for any new transaction type. If you're writing it down, I think it sticks in your mind a little more.You can add and define transaction types on the Settings worksheet of this template. I say this because having a check register does help you keep an idea of exactly how much money you're spending. Having said that, I think it's important for young people to learn to use a check register, even if they don't ever write checks. I pay for everything with my debit card, and get a money order to pay my rent since my landlady is notorious about not depositing rent checks in the bank in a timely fashion. I rarely write checks anymore, and I always keep track of my account online. ![]() I'm sure it's mostly a sign of the times, but I haven't used my check register in years. Like Scrbblchick, I depend a lot on my online bank statement. I keep a check register, but not as neatly as my aunt. I guess the one advantage is, if you keep a really accurate register, you can keep the registers indefinitely, so you might be able to find a missing or incorrect check after the bank has thrown their records away. She doesn't like computers or using the Internet, but she keeps her checkbook up to date all the time. She will hunt for days for a 32-cent discrepancy. ![]() ![]() My aunt is a retired math teacher and she is a fiend about keeping her check register absolutely accurate. ![]()
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