Audit a month and plan an account move
See this course’s project requirements
A fictional personal-account register reconciled to a statement, with pending items, availability, fees and an error-report draft.
Keep your working files in your own notebook or software. Save a private description, checklist, and work link in My Proof.
What to include
- An account-service and annual-fee comparison with unanswered eligibility questions.
- A posted/available/uncommitted balance worksheet with each commitment counted once.
- A running-balance register with transaction identities, types and posting states.
- A two-sided bank reconciliation with an unmatched-item log.
- A transaction-specific error inquiry and follow-up log.
- A paper account-move checklist with a retained-funds calculation and closure conditions.
Review and revise
Use these criteria to check your work and choose what to improve.
- All supplied records reconcile and the decision uses the named case rules.
- Calculations show units, intermediate values and a second check.
- Changed-input practice revises the affected result and identifies uncertainty.
- The final project combines six lesson records, separates fictional assumptions from current rules, and states a supported next step.
Want more background?
The idea in everyday life
This is an original fictional practice case. No account, payment, personal record or outside participation is required. Old account $220; known pending debit $40 and monthly bill $60 still routed there; no fees. New account $100. Do not actually transfer funds.
A move is complete only when recurring payments, deposits and remaining commitments have been accounted for.
Audit a month and plan an account move — worked practice
A move is complete only when recurring payments, deposits and remaining commitments have been accounted for.
Use paper or a local table; label all amounts as fictional USD unless the case names another unit. Old account $220; known pending debit $40 and monthly bill $60 still routed there; no fees. New account $100. Do not actually transfer funds.
Old-account retained obligations
Paste at A1.
| AItem | BAmount USD |
|---|---|
| Old balance | 220 |
| Pending debit | 40 |
| Bill still using old route | 60 |
| Optional extra buffer | 0 |
Copy as plain text
1. Step 1: Identify obligations still using the old account
Identify obligations still using the old account.
You should see: $40 pending and $60 bill require $100.
A move is complete only when recurring payments, deposits and remaining commitments have been accounted for.
2. Step 2: Compute an amount that could move while retaining those obligations
Compute an amount that could move while retaining those obligations.
You should see: 220−100=$120 before any extra buffer.
Keep this intermediate result so the final decision can be checked.
3. Step 3: Draft a routing-change and verification sequence
Draft a routing-change and verification sequence.
You should see: Confirm new routing, then monitor both accounts for deposits and bills; no real change is required.
Keep this intermediate result so the final decision can be checked.
4. Step 4: Run a paper closure check
Run a paper closure check.
You should see: Keep old account open until obligations settle and the final statement reconciles; draft a final record checklist.
Keep this intermediate result so the final decision can be checked.
What to finish
A paper account-move checklist with a retained-funds calculation and closure conditions.
Watch for this
Closing the old account while wages or pending bills still use it.
How can I tell I understand it?
Audit recurring routing and calculate funds that can move after retained obligations on a new supplied case, with a visible intermediate check and no unsupported real-world promise.
Quick knowledge check
Answer all 3 questions. Get at least 2 right and the lesson completes automatically.
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Pass the check. We’ll save the progress.
Answer all 3 questions above and get at least 2 right. You can review the explanations and try again.
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Sources and further reading
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Source & access notes · checked 2026-10-01
Official page opened/read during Money expansion authoring; checked the relevant concept and access state. These sources do not establish funding eligibility.
Access: Readable official webpage inspected with the web reader on 2026-10-01. No interactive-tool operation is claimed.
Reuse: Original fictional practice, questions and calculations; paraphrased concepts with a source link. No source exercise copied.
Source & access notes · checked 2026-10-01
Official page opened/read during Money expansion authoring; checked the relevant concept and access state. These sources do not establish funding eligibility.
Access: Readable official webpage inspected with the web reader on 2026-10-01. No interactive-tool operation is claimed.
Reuse: Original fictional practice, questions and calculations; paraphrased concepts with a source link. No source exercise copied.
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