How to Set Up a Check Register
A check register is used to keep track of monies flowing in and out of your checkbook. You should record all transactions to avoid overdrafts. Keep an accurate record of all checks written, ATM withdrawals, automatic withdrawals, bank fees and deposits. Check registers can be a spreadsheet on your computer, a handwritten notebook or pre-made check register.
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Instructions
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Choose a spreadsheet, notebook or check register to record your transactions.
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Divide your spreadsheet or paper into 5 columns. Identify each column as follows: DATE; PAYEE NAME; DESCRIPTION; AMOUNT; BALANCE
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Enter the amount of money currently in your account in the balance column. Note any checks or withdraws pending that may not have yet cleared your bank when calculating this amount.
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Record the date, payee, description and amount when writing a check or making a withdrawal. Subtract this amount from the previous balance and record the new balance.
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Record the date and amount when you make a deposit to the account. Add this amount to the previous balance and record the new balance.
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Record any bank service fees that are charged to your account. This could be monthly service fees, check purchases, or NSF (nonsufficient funds) fees. Subtract this amount from the balance and record the new balance.
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Tips & Warnings
Reconcile your check register monthly to maintain an accurate balance.
