Using MICR specification numbers for check and deposit slip layouts

Alerts and notices

A magnetic ink character recognition (MICR) line is a line of characters printed in a 5/8 inch high band (the MICR clear band) at the bottom of a check or deposit slip. The characters are printed with a magnetic ink or toner using the E-13B MICR font. The contents of the MICR line are controlled by the drawee banking institution following rules established by high speed check processing.

The MICR fields in the Layouts tab of the Bank Accounts screen enable you to specify MICR information to be used if you are printing your own checks and deposit slips instead of using preprinted check and deposit slip stock.

To specify MICR information in your layout

  1. Choose Setup > Bank Accounts.
  2. In the Bank Accounts screen, select the appropriate bank account from the Bank Accounts list and then click the Layouts tab. If you have not yet set up client bank accounts, refer to the Setting up client bank accounts topic.
  3. In the MICR and/or Deposit Slip MICR section, choose the MICR format to use.
    • Standard. Choose this option to use the MICR line created by the application based on the information entered in the Main tab of the Bank Accounts screen. The application uses the bank's routing number for the Transit number and the account number for On-US number.

      If you choose the Standard format, you can also specify the following MICR options.

      • Digits to allow for auxiliary on-us. (For checks only) This is the number of digits to display for the check number in the auxiliary On-US section. The default number is 10.
      • Starting position for the On-US section. This is generally specified by the financial institution on which the check is written. The default is 31.
      • Print beginning On-US character. If the beginning On-US character should be printed, mark this checkbox. Again, this is specified by the financial institution.
    • Custom. To create your own MICR line, choose this option and then click the Ellipsis Ellipsis button button to open the Custom MICR Line dialog.
  4. Click the Enter button to save the MICR information.

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