software

Cool. Tell us more. What's the name of the program and who makes it?

Beth
 
Beth, The name of the program is CHECKERS and it was created by a man named Bob Straton. My accountant sent it to me via e-mail and said I should resale it for $14.95 if anyone is interested, that is what he charged me. This is what the writer instructed. My bank said they would accept them and they would be posted at the end of that business day. I believe this will be a plus to our out of state customers that wish to pay by check. Let me know if you are interested in obtaining it. I just don't know how we could get by without a computer, fax machine and Nextel phone service. If you like give me your fax number and I will fax you a copy of a draft.
 
Steve,

Make sure you print a few of these and deposit it to your account and/or give it to the bank for approval before you are start using it a lot. The problem with most of these types of programs is that the banks use a magnetic reader for check processing. The check and routing numbers at the bottoms of checks are printed with a special magnetic coating when printed by a check printing company. When you print them out on a laser printer or ink jet, the bank can't read them automatically. They have to manually pull the check out and print your check numbers with the magnetic print on their machine and attach it to the bottom of the check. Sometimes it takes longer to run the check or deposit the money to your account because of this delay.

The only reason I know what I'm talking about is we tried a check by phone service like this and experienced these problems. On the other end, we also tried this check printing software that worked with MS-Word, where it printed checks for you on blank check stock. We thought it was great, saved a bunch of money not having to have checks printed and switched our main account to it without testing. After a few days we got a call from a very unhappy supervisor at the bank when the first 27 checks hit the bank for processing. All of them had to be manually processed and she told me they were hitting us with a $5 per check fee for each one of them because they weren't magnetically coded standard checks. After arguing with them for several days, I agreed not to use the checks printed on our laser printers anymore and they agreed not to charge me for the checks they had to process that way for the remainder of the month.

It sounds like a great program, just make sure the bank really does know what you are talking about. Most of the time the customer service rep doesn't know what the processing center downtown even does let alone be able to approve something like this without them seeing it first hand.
 
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