It works like a journal but instead of recording your day-to-day activities, you list down your expenses instead.Ī checkbook register is also known as a check ledger or a transaction register. It is a helpful tool in balancing your expenses and keep your finances at a minimum. Keeping a good checkbook account will help you identify where your funds were spent, which can also help you identify should there be any miscalculation that a bank commits.Ī checkbook register is an informal tool that you can use to monitor the exact number of checks you wrote and the money that each one held so that you can determine how much money is left in your account.
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