So if you write a check and record it in your register, your bank account may not reflect the same balance because it takes several days for the check to clear the bank. Outstanding items are items that you have recording in your register but have not cleared the bank yet. Your register, if you recorded all of your transactions correctly, may show your balance differently because of outstanding items. Its also important to keep your own registers because of outstanding items. That is why it is so important to keep your own checkbook register and record all of your transactions in the personal checkbook register so that you can verify if the bank recorded the transactions correctly as reflected by the bank statements or online banking. In part, you are making sure that transactions recorded by the bank are correct and match with what you recorded in your personal checkbook register or money management software.You want to make sure that all bank deposits, ATM transactions, checks written, debit card purchases, automatic payments, transfers, credits, bank fees, and all other checking account inflows and outflows have been properly recorded by you in your personal checkbook register and by the bank for a particular period of time, usually the statement period. Typically, paper bank statements are sent via the mail but you can also sign into online banking and download a copy of your bank statements into a PDF format.
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