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Archive for the ‘Quickbooks Printed Checks’ Category
Try to save your money a little at a time for a rainy day
With all of the economic hard time that we all are going through, we wonder what is going to happen with our money. Social security, interest rates going higher, people going into their savings, 401K and etc…. How are we going to be able to buy basic stuff if prices keep on going up, and to make things worse that our government doesn’t reach the deal to increase the debt limit.
Best thing to do, even during hard times its to put money aside each pay period. Even if its $5, it will add up. This goes for personal and business useage. What if something happens with the economy, or slow times and you need money? What would you do and where would you get extra money from? Best thing is from your savings account. With a business, we all need business checks and if you dont have enough money to buy them, then it can create a rolling echo affect. By having extra money in case something bounced like the quickbooks business checks that you use for payroll, would be covered. Having a little on the side can really help your business
succeed during rainy days.
What kind of business checks is right for peachtree or quickbooks accounting?
When you make the purchase of an accounting program. Do you know what kind of checks that you need to use? Well maybe this will help. Quickbooks accounting program uses checks on top, or full page of checks (3up checks). You can have them to be customized with or with out lines. Dont forget to add your b/w logo or color logo. You can even have 2 signature lines if you need to.
Peachtree Accounting offers 4 style but with out lines though. If you want to use the check on top, you can, but it will have be edited in the program to use it. Peachtree or quickbooks can have the logo and or a watermark on the checks. Most of the business checks has the basic security feature for your protection and prevent fraud. Business checks do come in alot of styles and colors. Look around and see what you like. Dont forget to ask for samples to make sure its what you need, then place the order for your business.
Dont forget to have your merchant account to be reviews every six months
Having a business does have alot of responsibilities. One thing we all forget to do as a business owner is to have our merchant accounts to be reviewed. Having your account looked at can save you money in monthly fees. Call customer service and ask for a rate review. You could have your discount rates to be reduced, or placed onto a different plan.
Since their is new laws coming out, you’ll be able to save not only on rates but interchange fees that the banks make a nice profit off of, and is passed onto you. Have your customers to mail in their quickbooks business checks as it can save you money as a merchant, and keep the fees down. The one main thing is that it will take longer for you to receive the check if its mailed, and then cleared, before you can ship the merchandise out to your customer. 
Are you spending too much on business checks, look for cheap business checks instead
Are you spending too much on business checks from your bank that is imprinted? Why not look on line for “Cheap Business Checks”. Finding cheap business checks online is easy to do. If you find a company on line and place large orders. You’ll be surprised
at the amount you can save for the year vs. buying it from the bank. Online you can customized the checks better than the bank can. You can get 250 imprinted checks for $38, vs $75 that the banks will charge
Dont forget to add your color logo to the cheap business checks. What is the difference for cheap business checks than the banks? Nothing at all. Security features are going to be the same, or just a little different, but still is in compliance with the banks and the check 21 laws. The banks make a huge profit off of the business checks, and not much colors/styles where as online you can find at least 15 different checks.
Happy Fathers Day to every Dad out there. I was asked a good question by a customer. The question was, can I buy a gift Certificate for dad to order business checks for his company? Yes you can do that. You can buy a gift certificate and have it emailed to you, or mailed. Then give him the gift in a larger box. This will come in handy if Dad is opening up a new business.
He will be able to use it for Quickbooks Business Checks. Theirs so many colors/styles you can select from. Theirs a style for each of the three different security types that is on the market. Make sure dad knows that he orders the right check type. Quickbooks business checks uses the checks on top, and peachtree uses the checks in the middle. If you order the wrong type, you’ll be able to call or let the company know that you need to change the type.
Peachtree is harder to learn, but better for accounting
When getting a business started. We need to know what accounting to use. The two that is most popular is Peachtree Accounting, or Quickbooks. They are both a very great program to use. Peachtree can be harder to learn, but it really offers deep inside onto your business. It does have a cleaner looking home page that shows a graph of everything you need to pay, or others that need to pay you as well.
Peachtree has FIFO and LIFO in the program where quickbooks does not. Quickbooks is the most commonly used program on the market and does outsell peachtree. If your a business that buys in different bulk and re-sale at different prices. I would recommend peachtree accounting overall. Peachtree gives you the accurate amount that you made for the year, vs quickbooks that only does average. You want to know the honest truth on what you have done for sales and profit. Then i would go with Peachtree. If you sell things at the same price, and what you buy. then quickbooks will do just fine. Dont forget to order your Quickbooks business checks from someone else as it will be more expensive from the bank.
Keeping your accounts organized with different color for every account
Its important to keep your business organized, but keeping the accounting organized and accurate is more important. Use different colors or styles for the quickbooks business checks. That way you know what checking account is assigned to the checks for billing or anything else you may need. Dont forget to use your business logo onto the checks to promote your business brand.
Color logo does cost more, but makes the document more professional looking. Quickbooks business checks are still outselling the peachtree business checks. About 83% of business checks is the checks on top. You can have one or two signatures lines if needed and order higher security checks for more protection. Some companies use different banks as well, and having different color for that can prevent from making an accounting mistake.
Backup checking account does pay off for business
Its always good to have a back up plan in case something happens. Recently I was contacted by my bank that I had a fraud transaction that had taken place with my business debit card. I called Authorize.net and had them to change my merchant processor. That way any other credit card transactions that took place, would go to the other checking account.
I thought about closing the other account out, but it was a great idea that I’ve always have had in place. It could of taken a few days if i called to have the account number changed, so it was just easier to call authorize.net and be done with it, then change back when your done with the fraud. Fraud can happen to anyone that has a personal or business checking account. Just keep track of your quickbooks business checks that has cleared your bank and check on line for any transactions that has taken place that you don’t recognize and report it to your bank.
Make sure your business information is always updated
Making sure your business information for your customers is always up to date. Failure to do so can result in customer complaints, customer service problems, and potential of losing customers. Information online for a product, or services you offer is taken seriously, and can be used for legal stuff. There was an instance i ran into with a bank.
I was told the onsite check deposit cut off time was 8pm. I had placed the deposit around 7:30pm. Come to find out, the same day deposit is 7pm and the onsite check deposit wouldn’t be processed till next day. Well come to find out, they are changing the cut off time next month till 9PM for same day deposit. Wow…that was alot to go though and could of caused me problems with the checking account, but it didnt. When your deposing business checks, or personal checks, its always important to make sure everything is correct and the deposit reconciles with your accounting program. Keeping information updated is very urgent for any business.
Dont forget tax filing is Monday at midnight (4-18-11). Tax time is here for everyone and is due. Process your taxes on line if your running out of time. Intuit/turbo tax does a great job and guides you through every thing you need to do. If your accounting program is up to date, everything organized and the books are balanced. Then it wont take you long at all to go do it.
Print your end of the year report. Follow turbo tax step by step and you can be done with it in about 30 min or so. It doesn’t
hurt to double check to make sure everything is correct. You don’t want to go back and send in a correct report to the IRS as it takes up your time and the IRS. Use your business checks to make the tax payment out of your tax account if you need to. Use a check instead of online payment. After the payment is made, and the check clears, copy it and print it out. Put it in with your tax papers for the record. Paper trail can be better than electronic at times.
ATM Machine skimmers are bad for you and the bank
I had went into my bank and talked with a representative about the new credit/debit card laws that are going to be in effect soon. As I was talking to her, she had mentioned that a customer had over $8,000 stolen from her personal account in one day, that the bank didn’t catch it in time. She had to take time out to call the bank, get a report, come into the bank, get a new card issued, and etc….
Come to find out, she had used the card at a ATM at a convince store that had a skimmer in the machine. Using your debit card is convenient for you 24/7, but costs the bank money and your time as well. Personal checks, and business checks are always alot safer to use at your local bank, if you need cash. Sometimes using your quickbooks checks for cash at your local bank is a safer way to go.
Accept Checks in your office vs debit card and save
We have heard the news about the banks trying to change how we use our debit cards. If you haven’t. Its simple as this. They want to place a cap on how much you spend from $50-$100 per transaction, but it will affect those that accepts the credit/debit card. ITs because of the interchange fee, that is at 44 cents per transaction, trying to make it down to 12 cents per transaction.
We want to all save money for our business. One way you can is to setup your E-Commerce to have your customers to mail you a check instead. You can go to your bank and ask them about Onsite deposit. You can have the service for $50 or less a mth, and accept a lot of business checks for payment. Yes you’ll have to wait a few days, but it will be cheaper in the long run, and still make your customers happy. For those that have your imprinted business checks done for you, the more you order, it will safe you money in the long run. It costs alot for the business to imprint the business checks upfront. Changing 
out paper, setting up the computers, presses, and etc…
We all may have to start using checks more than a debit card
in the business news, they have been talking about capping how much you can spend on a debit card. Some banks are talking about a cap of $50 to $100, and or charging you a monthly fee. The monthly fee would be for your debit card, or a fee for your bank account. One way or another they are going to get their money.
Why the change? Banks are making money off of the merchant (ANYWHERE YOU MAKE A PURCHASE WITH YOUR DEBIT CARD), and its at $0.44 interchange fee to the merchant. They are wanting to reduce it down from $0.44 to $.12 per transaction. It will reduce millions of dollar’s the banks are making. If they do cap the amount you can use, then we all may start to use personal checks, business checks, or use more cash to pay for things. What about making a purchase on line. You’ll have to send them a check, wire x-fer (very expensive per 
transaction), or ach check. It will slow things down.
How wold it slow things down? Your transaction on line would be approved instantly using a debit/credit card, and then your order shipped same/next day. If you have to mail a check, it can take 3-5 days to receive the check, then you must wait for the check to clear. After the funds are collected, then you can ship the order. So your looking at at least 7-14 days before they can get their order, even if its express order.