checkbooks

Checkbooks can be as simple as the wallet style ones you get when you open a personal checking account at your local bank. Checkbooks can also be the slightly more sophisticated three to a page versions for either business or personal use. Some of these three to a page checkbooks come with stubs to the left of the checks and some without stubs. You can also get a checkbook for one write checks for either personal or business use. Many businesses use these checkbooks because they provide a written record on a journal of all the critical information plus the benefit of a multi-column spreadsheet for page-end and year end totals. Being able to provide spreadsheets like this to your accountant at the end of the year cuts down the time spent preparing your taxes and thus is a both a time and money saver. You also have written backup in case the IRS or your state tax authority ever wishes to audit you. The "books" from checkbooks was incorporated into the popular software program QuickBooks as an easily identifiable and recognizable brand name. Software programs like these use the same accounting proceedures as a standard checkbook to create records more quickly retrievable than the paper variety. With this accounting information in a computer, the data which used to be in paper checkbooks is not only easily available but also available in a form ready for slicing and dicing to provide reports like profit and loss statements which used to take hours to prepare. Now in less than a minute you can have your p & l report by cash or accrual, by the month, by the year, by the month to date, by product, by salesperson - virtually any way you want to see it in seconds.

checkbooks news:

Healthy Hamilton worth more than Prince's ransom
Rangers' thoughts — and checkbooks — must turn to Josh Hamilton.

DRINKWINE: Banquet season offers up plenty of opportunities for everyone
It’s Banquet Season …. get out your checkbooks!

Five Biggest Contracts of MLB Offseason: A Fan's Take
There were a number of huge contracts signed in the Major League Baseball offseason as teams really opened up the checkbooks to make moves. Some of those signings really broke the bank as well, possibly really hurting a franchise or two if they don't pan out.

Personal Checks - Click here