When it comes to payroll, you don’t want to mess around. In other words, why fix something that isn’t broken? Well, that answers the question of why business checks still use paper checks. But we want to elaborate a little more.
At Checkomatic, we’re big fans of laser business checks. Why? Because of the personalization options, they provide our customers. Laser business checks are pre-printed checks with your company and bank information. They also include your company logo, ready to use with your bookkeeping software.
Are you a small business? Large corporation? Despite your business size, you’re going to need business checks. But that leads us to our next question: What type of business checks do I need? All businesses benefit from business checks. Whether you work in manufacturing, retail, technology, etc. if your business runs payroll, you need business checks.
Not everyone can endorse a business check. A qualified person might be the business owner, treasurer, secretary, or business accountant, but the business has to assign the authority to a specific person or persons. Although some banks will accept a check with no endorsement, there might be a dollar amount limit to this service. The bank may also decide to hold the funds for longer than normal if the business check has no endorsement. The person who signs the business check is authorizing the bank to cash the check in their name, they just need to write out their own title.
At Checkomatic, we take pride in our ability to debunk business check myths and provide valuable answers to frequently asked questions. So, how long are business checks good for? Do they expire?
As a business owner, quality is quite important in all sectors of running a business. Quality is imperative for meeting customer expectations and satisfying customers. Quality helps businesses to establish a reputation by meeting or exceeding industry standards while managing costs effectively.
A check is simply a written, dated, and signed instrument that directs a bank to pay a specific sum of money to the bearer. It is defined as another way to instruct a bank to transfer funds from the payor’s account to the payee or that person’s account, according to Investopedia.
What are personal checks? At Checkomatic, businesses can choose from personal computer checks or manual personal checks. Compliant with the American Bankers Association regulations and security standards, our Personal Checks contain sophisticated security features to safeguard your business from bank fraud. No checks can be scanned by forgers.
When it comes to running a business, there are some office items every business owner must keep in stock. One of those necessary items includes business checks. Business checks are important because they make running payroll and paying vendors a much easier process.
At Checkomatic, our QuickBooks™ checks are compatible with all versions of QuickBooks™, Quicken, MYOB, Yardi, etc. as we understand the need to be software compatible in this technology-driven world. If your software is not listed, we will custom format your checks at no extra charge or find the easiest solutions.