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Jiffy-Lube does the same thing in my neighborhood. The device reads the 
MICR, the cashier keys the amount & check number. Chris Bipes (Cross-Chek 
Corp.) on this list could probably elaborate even further. But he's in 
California, and he's probably not up yet.   :-))


Paul Nelson
Arbor Solutions, Inc.
708-670-6978  Cell
pnelson@xxxxxxxxxx





rob@xxxxxxxxx
Sent by: midrange-l-bounces@xxxxxxxxxxxx
03/10/2004 09:49 AM
Please respond to Midrange Systems Technical Discussion

 
        To:     Midrange Systems Technical Discussion <midrange-l@xxxxxxxxxxxx>
        cc: 
        Subject:        RE: EFT in accounts payable history


I think a local tavern does the same thing.  Write them a check and they 
do something with it and hand you the check back.  Not so sure that it 
clears the bank under that check # though.  Confused me to no end, use my 
debit card there now.

Rob Berendt
-- 
Group Dekko Services, LLC
Dept 01.073
PO Box 2000
Dock 108
6928N 400E
Kendallville, IN 46755
http://www.dekko.com





"Jeff Crosby" <jlcrosby@xxxxxxxxxxxxxxxx> 
Sent by: midrange-l-bounces@xxxxxxxxxxxx
03/10/2004 10:15 AM
Please respond to
Midrange Systems Technical Discussion <midrange-l@xxxxxxxxxxxx>


To
"'Midrange Systems Technical Discussion'" <midrange-l@xxxxxxxxxxxx>
cc

Subject
RE: EFT in accounts payable history






> What are you sending the bank? Do you get a return code from 
> them? I have a client who does something similar. The way 
> their software package works is that the bank code can be 
> derived in a number of different ways, including having a 
> specific bank identified in the vendor master record. 
> When the vendors who are getting EFT transactions get paid, 
> the system simply treats the EFT transaction as a check 
> number. When the bank processes the transaction, they send 
> back a confirmation number tied to that "check number". In 
> effect, instant check reconciliation.

I don't know yet.

-- 
Jeff Crosby
Dilgard Frozen Foods, Inc.
P.O. Box 13369
Ft. Wayne, IN 46868-3369
260-422-7531

The opinions expressed are my own and not necessarily the opinion of my
company.  Unless I say so.



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