Intuit Check Solution for QuickBooks
Scan. Deposit. Done.
Process checks electronically. Scan (or enter) into QuickBooks Enterprise Solutions, send to your bank, and go do something else.
Converting checks to cash is as easy as 1-2-3!
Scan Your Checks
- Scan up to 30 checks per minute using a high-speed scanner
- Eliminate photocopying: image is captured and stored in Enterprise Solutions
Accept Checks Over the Phone
- Key enter bank account information, routing number and check amount into Enterprise Solutions
- No more waiting for checks to arrive in the mail
2. Verify Check Scans and Record Payment
- Check information is captured during scan and entered directly in Enterprise Solutions
- Scanned checks are automatically matched with your receivables in
3. Send Checks for Processing
- No more trips to the bank
- Check verification service reduces risk of bad checks
- Funds are usually available in your bank account the next business day
If you don't have any other Merchant Service accounts with us (e.g., accepting credit cards). The following table shows the standalone price and fees for Intuit Check Solution for QuickBooks.
Checks 101: The Basics
Scanning checks…is that legal?
The Check Clearing Act for the 21st Century (Check 21) was signed into law by President Bush October 28, 2003, and became effective October 28, 2004. Check 21 allows banks to replace original paper checks with "substitute checks" that are made from digital copies of the originals.
Check 21 was created to reduce the time, risks, and costs associated with paper check processing. With Check 21, banks are now able to send and receive digital images of checks electronically, eliminating the need to physically transport paper checks between banks, or between merchants and banks.
How does it work?
Check 21 allows you to scan checks for submission to your bank, using Remote Deposit Capture. Intuit Check Solutions for QuickBooks was built to support check scanning, but you can also accept checks by phone, without a scanner. Your customer reads you the account and routing numbers and account type over the phone, you enter it in a short form, and you send it for processing. Easy.
Where can I learn more about Check 21 and Remote Deposit Capture?
Here are some independent resources that explain the Check 21 legislation, remote deposit capture, how it affects consumers, and more.
Check 21 Resource Center
American Banker's Association (ABA)
Checks Are Changing - Consumers and Check 21
More Information about the Check Clearing Act for the 21st Century ABA Education Foundation
Remote Deposit Capture Overview
Remotedepositcapture.com, the independent authority on Remote Deposit Capture
http://www.remotedepositcapture.com/overview/rdc.overview.aspx
(866) 379-6635
