This enhancement allows you to print the MICR (Magnetic Ink Character Recognition) font and all other pertinent payment information on blank check paper. Please note that these days most banks will support checks that are printed on regular laser printers.
Currently, you may have come across one of these scenarios during your check printing:
- When loading your paper tray you must make sure your check numbers are in the correct number sequence.
- When loading your paper tray you must make sure that you remove the plain paper and insert your check paper form in the correct direction to show the bank account name and bank route information at the bottom.
- Each bank account requires a different check form to be loaded into the printer.
- Banks may require different information to appear on the check form, and sometimes the check layout is different from one bank to the other.
- When you switch banks you have to discard the old checks and order new ones.
- If you have multiple companies and multiple bank accounts per company, you need many different pre-printed check forms.
Standard Dynamics NAV layout is:
- Top: Navision standard stub information
- Middle: Check information and amount with MICR fonts at the bottom (using pre-printed forms)
- Bottom: Blank section
With our enhancement the Bank Account Card now has a new tab called "MICR Check" with a set of the following options:
- MICR Routing/Account - Used for combining the bank routing number and the corporate bank account number. Navision currently uses a bank branch number and bank account number for other purposes.
- Fraction - The fractional bank identification may be required to be printed on the face of the check for certain bank accounts.
- Void After Days - Enter the number of days to appear in the void message if it has to be printed on the check as specified below.
The following checkmarks determine what information is to be printed on the check:
- MICR Routing/Account Print - To print the routing number and account number in the check coding line using the MICR font.
- Check Amount Print - To print the check amount in the check coding line using the MICR font.
- Fraction Print - To print the fraction number entered in the information field which usually contains: Bank code, Branch, Account area, and other information that may be required by your bank.
- Bank Account Info Print - To print the bank account information (Name and address).
- Void After Days Print - To print the message "Void After __ Days". The number of days is entered in the "Void After Days" field.
- Check No. Print - To print the check number on the check form.
- Memo Print - To print the memo information, which comes from the "Description" field of the corresponding Payment Journal line.
The MICR font need to be purchased by the customer from companies such as www.advancemeants.com or www.bizfonts.com (or search the web for other options.
Please note that every bank has different requirements for the MICR placement on the check. Any time invested by our consultants and developers in modifications if required are billed Time and Material.
Below is a sample screen of a bank account card, which allows the user to store the settings and default values to appear on the printed check for that specific bank.
