Go Back   CDN Business Directory > Main Category > Microsoft Money

 
 
Thread Tools Display Modes
  #4  
Old 09-23-2003, 06:14 PM
Dick Watson
Guest
 
Posts: n/a
Default Re: capability of check printing

The fact that you have had no problems with your bank does not mean that
this is bad information, nor does it make your statement "YOU DO NOT NEED
SPECIAL MAGNETIC TONER OR INK" any more than pragmatically true.

These guidelines and specifications are involved:
ANSI Standards and Technical Guidelines Pertaining to Check Design

TG-2 Understanding and Designing Checks
TG-6 Quality Control of MICR Documents
TG-8 Check Security Guidelines
X9.7 Bank Background and Number Convenient Amount Fields
X9.13 Specification for Placement and Location of MICR
X9.18 Paper Specifications for Checks
X9.27 Print and Test Specifications for Magnetic Ink Printing
X9.29 Check Carrier Envelope Specification
X9.40 Check Correction Strip Specification
X9.51 Document Fraud Deterrent
X9.53 Specification for Check Endorsements

I'm no expert in what all these require--but I'm betting you aren't either,
and I'm betting your homebrew checks don't comply with all of their
requirements. Does that mean they won't transfer money for you? Clearly not.
But these specs exist for reasons that have nothing to do with whether your
checks can transfer money for you and everything to do with the efficiency,
throughput, cost, accuracy, and reliability of the overall system. I stand
by the statements in the FAQ. You can use homebrew checks that don't meet
requirements for such things and they might just work.

<Money[at]mn.rr.com> wrote in message
news:122f01c381dd$e6e8ae30$a401280a[at]phx.gbl...
- quote -

> There is a lot of really bad information on this subject,
> I just went through the process of converting from
> Quicken, where I did what you are asking, to Money 2004.
> The short answer is NO, Money will not print everything
> you need for using blank check stock. But there are at
> least two solutions that are very cost effective.
> First statement relative to printing the bank routing MICR
> codes. YOU DO NOT NEED SPECIAL MAGNETIC TONER OR INK. This
> is a major false statement made very often. Most if not
> all check routing readers are now optical, not magnetic. I
> have been using standard laser toner for over 5 year now
> and have had no problems with my bank. I used an HP 710
> inject for three months with standard ink as a test for
> about 3 months in 1998. Those checks also worked fine.
> Money, like Quicken, will not print the Bank routing
> codes, or the normally preprinted Bank name, address,
> account name, address. There is software out there that
> will. Two different solutions.
> (1) You can get software that will print the required
> information to blank check stock in Quicken of Money Check
> Format (Vertical and horizontal spacing of data entry
> fields are different) Then you reinsert the printed forms
> and print direct from Quicken or Money.
> (2) You can set up a Generic Test file as your printer for
> Quicken or Money checks, and print your checks to this
> file. Then use a software program like 'CheckMagic' whick
> will take the data from the file and print complete checks
> with all the required information. The publisher of
> CheckMagic claims that the program only works with output
> from Quicken, but I changed the location where it looks
> for the file and it works fine with Money. I discovered
> how to do this yesterday and compared the printed checks
> from Quicken and Money. They are identical. The only
> negative to this software, if it matters to you, is that
> it only prints to business size checks, three to a sheet.



  #3  
Old 09-23-2003, 04:25 PM
Guest
 
Posts: n/a
Default Re: capability of check printing

Scott, You are wrong. The readers are optical, not
magnetic.

- quote -

> -----Original Message-----
> You need special magnetic (MICR) toner for that.
> "mike" <trigger[at]watshall.com> wrote in message
> news:0b3f01c3815c$c423f110$a101280a[at]phx.gbl...
> > Does MSMoney have check printing capability?
> > What I mean directly is 100% blank check stock.
> > Payer information, bank routing, check number, etc.
> > Not just the payee, date, and amount.
> > .

  #2  
Old 09-23-2003, 03:20 PM
Guest
 
Posts: n/a
Default capability of check printing

There is a lot of really bad information on this subject,
I just went through the process of converting from
Quicken, where I did what you are asking, to Money 2004.

The short answer is NO, Money will not print everything
you need for using blank check stock. But there are at
least two solutions that are very cost effective.

First statement relative to printing the bank routing MICR
codes. YOU DO NOT NEED SPECIAL MAGNETIC TONER OR INK. This
is a major false statement made very often. Most if not
all check routing readers are now optical, not magnetic. I
have been using standard laser toner for over 5 year now
and have had no problems with my bank. I used an HP 710
inject for three months with standard ink as a test for
about 3 months in 1998. Those checks also worked fine.

Money, like Quicken, will not print the Bank routing
codes, or the normally preprinted Bank name, address,
account name, address. There is software out there that
will. Two different solutions.

(1) You can get software that will print the required
information to blank check stock in Quicken of Money Check
Format (Vertical and horizontal spacing of data entry
fields are different) Then you reinsert the printed forms
and print direct from Quicken or Money.
(2) You can set up a Generic Test file as your printer for
Quicken or Money checks, and print your checks to this
file. Then use a software program like 'CheckMagic' whick
will take the data from the file and print complete checks
with all the required information. The publisher of
CheckMagic claims that the program only works with output
from Quicken, but I changed the location where it looks
for the file and it works fine with Money. I discovered
how to do this yesterday and compared the printed checks
from Quicken and Money. They are identical. The only
negative to this software, if it matters to you, is that
it only prints to business size checks, three to a sheet.
- quote -

> -----Original Message-----
> Does MSMoney have check printing capability?
> What I mean directly is 100% blank check stock.
> Payer information, bank routing, check number, etc.
> Not just the payee, date, and amount.
> .

  #1  
Old 09-23-2003, 12:47 AM
Dick Watson
Guest
 
Posts: n/a
Default Re: capability of check printing

See http://www.bollar.org/msmoney/#Q39 and
http://www.bollar.org/msmoney/#Q101.

"mike" <trigger[at]watshall.com> wrote in message
news:0b3f01c3815c$c423f110$a101280a[at]phx.gbl...
- quote -

> Does MSMoney have check printing capability?
> What I mean directly is 100% blank check stock.
> Payer information, bank routing, check number, etc.
> Not just the payee, date, and amount.



 
Old 09-23-2003, 12:21 AM
Scott W
Guest
 
Posts: n/a
Default Re: capability of check printing

You need special magnetic (MICR) toner for that.

"mike" <trigger[at]watshall.com> wrote in message
news:0b3f01c3815c$c423f110$a101280a[at]phx.gbl...
- quote -

> Does MSMoney have check printing capability?
> What I mean directly is 100% blank check stock.
> Payer information, bank routing, check number, etc.
> Not just the payee, date, and amount.



  #-1  
Old 09-22-2003, 11:56 PM
mike
Guest
 
Posts: n/a
Default capability of check printing

Does MSMoney have check printing capability?
What I mean directly is 100% blank check stock.
Payer information, bank routing, check number, etc.
Not just the payee, date, and amount.

 

Tags
capability, check, printing
Similar Threads
Thread Forum Replies Last Post
Printing the Check Register
Renee: Is it possible to print ONLY the check register in MS Money 2002? If so, how? Thanks
Microsoft Money 2 08-21-2003 05:40 PM



Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

All times are GMT. The time now is 09:13 PM.