Now that every bank in America has electronic banking services, and you can check your balance with the click of a mouse, does anyone still actually do the whole "check reconciliation" thing?
Back when I was younger, and wrote a lot of checks (in the days pre-computer-banking) I and most of my friends would do the work on the back of the checking account monthly statement (balance + deposits – outstanding checks) to make sure that what we thought we had in the account was actually there.
(My ex-wife was particularly obsessive about making sure that it balanced to the penny each month…)
But now I can log into my bank 10 times a day, from my smartphone and my laptop and any computer in the world. I have immediate access to my account information. So of course, I don’t do the reconciliation thing any more.
Does anyone? Or is that one of those ‘skills lost to the ages’?
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