Printing MICR Information– If you purchase the optional MICR Font (included for free with the Developer version), you can enter and print MICR information on your checks. This is really only used if you will be printing to blank check stock. MICR stands for Magnetic Ink Character Recognition. Banks use this to automatically process checks. If you will be printing your own checks with MICR information, you will also need to use magnetic toner. This produces a MICR font that is readable by your bank. If you are interested in printing MICR information, we can provide you with companies that sell Magnetic toner.

Once the font is installed and registered in Windows, OneSource can locate the font and display MICR information on the MICR Line in the Bank Accounts form. This information is then displayed on the Deposits, Checks and Adjustments forms. When your print any of these items, you have the option to print the MICR information.

• Create Check Stubs for Check Printing and Mailing

• Handle VOID/Spoiled Checks

• Enter Multiple GL Account Splits include Negative Amounts

• Search by Check Number, Date, Payee, or Memo Field Data

• Control Passwords for Reprinting or Unvoiding Checks

• Automatically Display Bills Used to Create Bill Pay Checks

• Duplicate Any Check

Several options are available for printing checks.  You can print checks in several positions, as shown in the figure below. You can also select from different check types, such as Window, Standard, Pre-Printed or Plain Paper checks.

If you purchased the optional MICR Font and have magnetic toner, you can print the checks on blank paper. Otherwise, you can use virtually any type of check stock to print the check data to pre-printed checks. Just customize the check report to print the data on your pre-printed check. You can also purchase pre-printed checks through Database Creations, Inc. that can be used with OneSource.

You can add a new fixed asset, find existing assets, delete a fixed asset, dispose of an asset or depreciate an asset. You can choose to use one of five commonly used depreciation methods including Straight Line, Declining Balance, 150% Declining Balance, Double Declining Balance, and Sum of the Years Digits.

 These can include withdrawal type transactions such as bank charges or fees, or deposit type transactions, such as interest earned or wire transfers.

This register is similar to the check register you would keep for your own personal checking account. It is easy to read and move through. The register will also display voided checks and a cumulative balance.

The form calculates the statement difference and outstanding balance. It will also list the number and sum of outstanding checks, payments, deposits and credits.

You can easily view the check for any item by pressing the check button.

Features of this form include:

• Visual Check Register with Declining Balances

• Automatically Excludes Void Checks

• Displays All Transactions in Order of Entry

• View/Print Running Balances

• Easy to Use Check Reconciliation System

• Works by Checking Off Reconciled Transactions

• Enter Adjustments While You Reconcile

You can enter the payment frequency (Monthly, Daily, Weekly, Quarterly, Annually), GL and payment information for each recurring payment.

A separate form allows you to view all recurring payments and gives you the option to create checks for all or only selected checks.

You can select checks to post by bank account or selected period. Basic information about each unposted check is displays on the form and a check button provides the ability to display the actual check.