[moneydance] Switching to Moneydance from Quickbooks Pro '05
Katahdin
MoneyDance at intermod.net
Sun Apr 20 01:09:55 EDT 2008
On Sat, Apr 19, 2008 at 12:12 AM, Robert Kesterson <robertk at robertk.com>
wrote:
> Katahdin wrote:
> >>
> > When I first saw the moneydance check format - I thought great, I don't
> need
> > to get preprinted checks !! I don't understand why the micr coding
> couldn't
> > be included. Any ideas - maybe a clamor will get it. I know many years
> ago
> > printing checks on stock worked as long as you used a reflective ink.
> Seems
> > like today with the quality of paper and ink jets, that should suffice.
>
> It's not a matter of the print quality, it's a matter of the check
> readers at the bank. Many banks these days have optical readers, so
> printing your own micr with any old printer will work. But many also
> still only have magnetic readers, in which case printing your own micr
> won't work -- the bank will have to enter your checks manually in that
> case. Some will do it, some will raise a fuss.
>
> --
> Robert Kesterson
> robertk at robertk.com
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>
which segues to the point that banks WANT you to use their debit card,
because it saves them significantly from manually processing the checks. So
if they're saving money, shouldn't *they* be the ones to pay the credit card
processing fees?
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