How do you write a cheque.
You're making a check for the first or second time in some time. There are many questions you're likely to be unclear about, such as where to sign a cheque and the best way to create a check with cents. While you may not have to write a lot of checks, it is a crucial knowledge. Here's a short guide to assist you in answering all of your questions.
Step 1. Date the check
The date should be written in the upper right-hand corner. This step is essential so the person who you are sending the check to know that you have written it.
Step 2: Who's this check for?
The following line on the check, "Pay to the order of," is where you write the name of the individual or organization you'd like to pay. If you do not know what the exact name is of the individual or organization, you may add the word "cash". Be aware that this can be risky should the check become stolen or lost. A check that is issued to "cash" can be cashed, or deposited, by anyone.
Step 3: Type in the amount to be paid in numbers
There are two spots on a check that you can write the amount you are paying. In the first, you'll need write the dollar amount numerically (for example $130.45) in the tiny box to the right. Make sure you make it clear so that the ATM/bank can remove this amount from your bank account.
Step 4: Write down the total amount of the payment in words
Write the dollar amount in words on the line below "Pay To the Order Of" to match the dollar amount you've put on the box. For example, if you are paying $130.45 then you write "one hundred thirty and forty-five percent." To write checks using cents ensure that you put the cents amount above 100. If the amount of money is round, it is still important to include "and 100/00" to give more clarity. It is imperative that the bank write the amount in words so that they can process the check.
5. Make a memo
The line that reads "Memo" is not mandatory, but it can help you determine what the purpose of the cheque. If you are paying the check to pay the monthly electric bill or rent, you may put "Electric bill" or "Monthly Rent" in the memo line. When you pay for a bill typically, the business will require the account number.
Step 6 6. Sign the check
Your signature will appear on the line in the bottom of the right hand corner with the signature you used when you first opened your checking account. This will show the bank that you acknowledge that you're paying the stated amount and to the correct person.
How to make sure your checkbook is balanced.
Track every transaction, no matter if it's cash or money that is spent. You can locate your Huntington checks with your check register. The goal of your check register is to keep track of all expenses and deposits. All transactions need to be documented including ATM withdrawals as well as debit card transactions along with checks.
Record your transactions.
If you pay through a check, keep track of the check's number, found in the top right area of the check. This allows you to keep an eye on all your checks . It also helps you remember when you need to order checks again.
Make a note of the date. It is possible to describe the transaction or the reason behind the transaction in the "Transaction" column. Then, how to write out a check can write down the exact amount, dependent on whether you've spent or received money.
Subtract any cash, checks, withdrawals and bank fees or add in deposits to the total balance in your account following the previous transaction.