Depositing Money Into Your Account
Obviously, if you are going to take money out of your account, you need to know how to put the money in your account. The form below should look something like the deposit slips you receive with your checks. Generally, each book of checks has a few of these slips in the back with your pre-printed information on them. Should you need more deposit slips, your local bank will provide you with blank slips to fill out and use as needed.
Follow these steps to ensure you correctly complete your deposit slip. If you are putting money in the bank, you definitely want to be sure it goes in YOUR account and not someone else’s.
Step 1: Write today’s date on the deposit slip in the date line. Step 2: If you are depositing currency (dollar bills), write down that total amount in the space following the word currency. Step 3: If you are depositing coins, write down that total amount in the space following the word coin. Step 4: Write down each check, including the person/business it is from and the amount, on a separate line and space. If you have more checks than lines and spaces on the front of the deposit slip, there should be additional lines and spaces on the back side of the deposit slip. Step 5: Total the amount of your deposit (cash, coins, and currency) and write that amount in the space following the word subtotal. Step 6: If you want to take out any cash from your deposit, write that amount in the space following the words less cash received. Step 7: Subtract the cash received from the subtotal, and write that amount in the space following the words net deposit. Step 8: If you are withdrawing cash from your deposit (Step 6), then you will need to sign your name on the line below the date. Your name should be signed exactly the same way you sign your checks. Record your net deposits in the check register to keep an accurate balance of the money in your account. |