However, in using backwards reconciliation tactics, you are essentially missing the point of reconciling your checkbook. You may just fill in another blank space on your check register and move on to the next item. While you can’t exactly remember making that specific purchase in that particular store, you likely will not question it. While technically you may be able to find bank errors, most people attribute inconsistencies to their own mistakes.įor instance, the bank statement online states you made a debit card purchase for $50 three weeks ago. Many people may be writing down transactions in their checkbook but they are making a financially fatal mistake by only copying down what their online banking statement provides.
#Should i bold my checkbook how to#
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