Not errors by you...

Not errors by you...
by lbird33 (2012-12-20 10:50:18)

[ cannot delete ] [ Edit ] [ Return to Back Room ] [ Show All Thread ] [ Ignore Poster ] [ Report Post ] [ Highlight Poster ] [ Reply ]

In reply to: It's hard to say. I make occasional errors, posted by LocalSubAlum

I'm kind of asking "why?". I know everyone says it's the right thing to do but I'm questioning conventional wisdom.

I assume the biggest reason to do it is so you catch any major screw-up that costs you money (like the bank withdraws $1000.00 instead of $100. Or your deposit of $800 check never gets credited. Isn't that the point of it?

So I'm asking the wise back room: how many of those kind of errors do you find and at what size?

I'm pretty sure I'd notice if a $1000 or greater error was made (because I have a pretty good feel for my balance and scan my online statement each month). But I could definitely get bit if a smallish deposit wasn't credited or the like.

I'm wondering what the frequency, on average, of those kind of errors is.

Replies:

Let's take your example of an $800 dollar check not - LocalSubAlum 2012-12-20 11:17:39
- Kind of my point, though - lbird33 2012-12-20 11:39:18
  - [sigh] Okay, I give up. - LocalSubAlum 2012-12-20 11:46:13
    - Rest easy, he obviously earns more than $250,000 - IrishJoeinnc 2012-12-20 14:05:16

The contents of this post represent the views of the author. NDNation.com is not responsible for its contents.