How to write checks.
Are you required to fill out a form for your first time, or for the first-time you've done it in a while. There are many who have questions on how to write checks in cents, and where to sign them. Even though you may not be able write many checks, this ability is nonetheless important. This is a brief guide to provide you with the answers to all your questions.
Step 1: Date the check.
In the upper right corner of the page, mark the date. This step is important so the bank and/or person you are paying the check to will know the date you wrote it.
Step 2: Who's this check for?
Next, write "Pay to the person named on the order" on your payee's check. how to write a void check is where you will put the name of the person to whom you want to pay. If you're not familiar with the name of the individual or organization, then you can put "cash" instead. Take note, however, that this is a risk if the check ever gets stolen or lost. Checks that are written to "cash" can be cashed, or deposited, by anyone.
Step 3: Enter the amount to be paid in numbers
Two slots are available on a cheque where you can write the amount to be paid. The first is to write the amount in numbers (for example $130.45) inside the tiny box on the right. Be sure to write it clearly so that the ATM/bank can subtract this amount from your account at the bank.
Step 4: Write in the amount of payment in words
In the "Pay to the order of" line, enter the dollar amount in terms. This should match the dollar value entered in the box. For instance, if $130.45 is your amount then you'll write "one hundred and thirty and 45/100." If you're planning to sign a check using cents, ensure that the cents amount is higher than 100. To make it clearer even it seems to be a circular number, add "and/00/100" for clarification. The bank must write down the amount of money in terms to make a check. This is a way to confirm that the amount paid is right.
Step 5: Create an outline of your memo
The line that says "Memo", although optional it can help you determine the reason you wrote the cheque. If you're paying a check for an electric bill for a month or rent, you may write "Electric bill" or "Monthly Rent" in the memo section. In most cases, when you pay bills, the business will require you to write your account number on the check in the memo section.
Step 6: Sign the check
Use the signature that you used to establish the checking account to sign your name on the lower left-hand corner. This shows the bank that you have signed a contract that states you are paying the stated amount as well as to the proper payee.
How to balance your checkbook.
When you make a purchase or make a deposit, you should keep track of the transaction in your checkbook's register, which can be found with the check you received from Huntington. The goal of your check book is to track all expenses and deposits. All transactions must be recorded including ATM withdrawals, debit card transactions and checks.
Record your transactions.
It is necessary to note the number on your check when you make a payment by check. It's in the upper right corner of the check. This can help you keep the track of the checks you have and will remind you that you have to purchase checks once more.
Note down the date. In the "Transaction" or "Description" column, describe where the money was transferred or what it was for. Write down the exact amount in accordance with whether you paid or received money.
Include any bank fees, checks withdrawals, payments or deposits to the balance of your account from the previous transaction.