27 Nov Simple Points To Keep In Mind Before Getting Your Own Checks Printed
The freedom of printing one’s own checks is a boon to most of the organizations. To get your checks printed by hiring someone else is a tiresome task and consumes time. Once the power is in your hands you feel empowered. There are many pointers to keep in mind while getting the checks printed on your own.
Getting the checks printed on your own will not be an easy task specially if you are doing it for the very first time. There will be some issue and technical problem for which one must be prepared. Being well informed about this new venture is very crucial. It is better to take some precautions as a lot of efforts will be put in this idea. One cannot afford to ruin all the efforts put in to make it successful. There are many things one must keep in mind before printing your own checks. First important thing is the software.
Software is the tool through which printing checks is possible. The software is the cornerstone of this whole new venture. Without a software printing checks is not possible. The software is like an investment. Research well before buying a software. A right software must have the necessary tools that will be required for printing the checks. A software is perfect even if it does not have financial and accounting tools. Checks can still be printed. But some features like Quicken, QuickBooks and MS Money are important.
Next important thing is magnetic link. MICR line which is also called Magnetic Ink Character Recognition is found at the bottom of every check. The magnetic link is helpful in creating account numbers on the MICR. The magnetic link allows the check to be processed with the help of a software. If there is no magnetic link the checks get processed manually. By getting a MICR, you make the work of banks easy as they will be easily able to recognize you without you visiting the bank. This will also lead to additional costs of the bank as well as the person to whom the check has been drawn. Another disadvantage is that the check will take little longer than its usual time to get processed.
Next important thing is the paper being used to print checks. A single mistake in the paper being used can cause check frauds. The paper used in such softwares comes with special security features/. This kind of paper is not easily available and is very different from the paper that is being used on everyday basis. This paper contains high security features like micro printing, fluorescent fibers in the paper, bleach reactive stain and a screen reading “Original Document”. All these features reduce the risk of any fraud and maintain high level of security standard. Getting checks printed on your own is very beneficial and easy process if you have taken care of all the important pointers.