QuickBooks for Service Businesses (HVAC, Plumbing, etc. Signatures can be tied to specific bank accounts, thus requiring checks from a bank account to print with specific signatures. Improve Your Profits and Cash Flow in 2018! Enter your email and subscribe to our newsletter.
Step 2: … No more tedious hand-signing of checks! Posted by: This is for the company's protection and the protection of the officers personally. October 29, 2011 at 01:09 PM.
Although the ease with which checks can be signed with a rubber stamp is appealing to many, it has serious drawbacks. Even if up-front controls are airtight, many companies will require two signatures on checks over a certain level. But if the check is more than $1,000, then the signing rules require the controller and president’s signatures. Signing rules can designate which signatures should appear on a check at what dollar amounts. You may want to go beyond commercial accounts on this as companies now advertise digitizing a persons signature so it can be printed on their checks. My hunch is that it does not. Please share them with our readers! Even if up-front controls are airtight, many companies will require two signatures on checks over a certain level. Another way to address the issue of having too many checks is to look for ways to eliminate checks, especially checks for low-dollar purchases. For instructions on how to create a digital version of your signature, take a look at this very helpful post at the Productivity 501 blog. I tried doing this, but my settings tab does nat have the signature option. 0000001453 00000 n Posted by: The signature plate, or the machine with the plate in it, needs to be kept in a secure location with limited access. December 22, 2011 at 10:20 AM.