Using and managing your accounts
Learn more about your transaction register and how to use it.
Understanding a transaction register
Instructions: Click each item to learn how to use a transaction register.
This column is used to record the date of a transaction.
This is the number of the check.
In this space, you describe each transaction and its purpose.
These codes correspond to the legend at the top of your register.
Once a month, you’ll use this column to check off each transaction that appears on your monthly account statement. This will help you to ensure that your records and the bank’s records match.
This is the amount of the withdrawal.
This is the amount of the deposit.
This column is used to calculate the current balance in the account by adding each deposit and subtracting each withdrawal.
Don’t forget to record all of your transactions, not just checks. Be sure to include:
- ATM withdrawals
- Debit card purchases
- Electronic funds transfers
- Interest payments
- Bank fees
- Automatic payments
Click the Next button to learn about overdrafts and how to avoid them.