banking

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Post on 16-Aug-2015

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Economy & Finance


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  1. 1. Banking
  2. 2. Cheques A cheque is a document that orders money to be withdrawn from a bank account
  3. 3. Cheques This is an example of cheque looks like:
  4. 4. Cheques It is very important that you fill in a cheque correctly for if you don't someone could change the important details. When filling in a cheque always use pen for then someone cannot change the information. Always draw a line through the rest of the field so someone cant add 0's or extra digits. For more help on writing a check go to: http://www.practicalmoneyskills.com/flash/bank_tutor/index.html
  5. 5. Transaction Register A document that can serve as legal evidence of a transaction
  6. 6. Transaction Register
  7. 7. Transaction Register You always need to record the cheque number. The date is key for if you dont have the date you cannot accurately track the transaction. Many people think that the 'description' field isn't necessary but this will remind you what you were doing. When the page is full carry the balance to the next page. For more help on filling in transaction registers go to: http://www.practicalmoneyskills.com/flash/bank_tutor/index.html
  8. 8. Bank Statement A printed record of the balance in a bank account and the amounts that have been paid into it and withdrawn from it.
  9. 9. Bank Statement
  10. 10. Bank Statements It is very important to look over bank statements to make sure there is no unusual activity going on. If there are transactions and withdrawals that you did not make your self then you should definably look it.
  11. 11. Banking In conclusion, banking is a very important part of everyday life. When you leave home you need a way to organize and store your money and belongings. To be able to do so, you need to know the basics of banking and what each document means.