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Old 12-10-2004, 07:51 AM
akaivyleaf akaivyleaf is offline
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Default Re: Do you round up your checks?

Quote:
Originally Posted by 2moretrees
How do you keep track of the correct amount?
You don't. Although people think they do in their head or something, or in actuality don't really want to keep track.

In the interest of simple aritmetic...
If your purchase is 4.50, you write the check for 4.50 but you subtract 5.00 from your account, thereby creating a .50 float
The next purchase is for 5.25 but you write in your register 6.00, creating a .75 cent cushion.

Your register has a total of 11.00 spent, but you actually spent 9.75 leaving you 1.25 hidden, or saved, or forgotten about, or cushion

At the end of the month, if you're a big check writer, you might have a little stash... not so easy anymore with debit cards.

Sharon
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