Question

For a new company, the check writer goes to write the very first check used in Quickbooks Online. Which is the first step in the overall check writing process?

1) Enter the payee's name
2) Enter the check amount
3) Select the bank account to be used
4) Enter the check date

Answer 1

Final answer:

The first step in the overall check writing process is to select the bank account to be used.

The answer is option ⇒3

Step-by-step explanation:

This is important because it determines which account the funds will be drawn from when the check is processed.

Here is the step-by-step process:

1. Select the bank account: Choose the specific bank account that will be used to cover the payment amount. This could be a business checking account or a personal account, depending on the purpose of the check.

2. Enter the payee's name: Once the bank account is selected, the next step is to write the name of the person or organization that will receive the payment. Make sure to accurately spell the payee's name to ensure that the payment goes to the intended recipient.

3. Enter the check amount: After specifying the payee, the check amount needs to be written in both numerical and written form. This ensures that the amount is clear and prevents any potential alterations or misunderstandings.

4. Enter the check date: The date on which the check is being written should be filled in. This date is important for record-keeping purposes and can also impact the validity of the check.

The answer is option ⇒3