What is MICR? and what are common MICR Check Requirements

by Yogesh Pachpute
Posted on September 20, 2017September 20, 2017
Payables

What is MICR? Magnetic Ink Character Recognition (MICR) is the line of numbers (ten numeric and four special symbols) on a document that relates a transaction to a specific customer’s account. Encoded checks are processed […]

by Yogesh Pachpute
Posted on September 6, 2017September 6, 2017
Fixed Asset

Problem Summary ————————————————— Invoice and Amount Wrongly Added to CIP Asset Solution: Summary: Reduce CIP Asset cost by Invoice Amount $386 Detailed Steps: 1) Reclassification of given invoices in AP(to create 1 positive and 1 […]

Enterprise Resource Planning and Integrations BlogSpot

Month: September 2017

What is MICR? and what are common MICR Check Requirements

Reduce CIP Asset cost by Invoice Amount