Checks
Checks are negotiable instruments asking a bank to pay a specific amount of money from a specific account to a bearer or payee. The account is ideally in the depositor's name with the bank. The depositor or check maker and the payee can be either natural persons or legal entities. A check must contain all the features to be considered valid. Check number, account number, MICR, date of issue, payee, amount of currency, and signature of drawer are the basic pre-requisites of a check.
A check is usually valid for six months after the issue date unless indicated otherwise. However, the validity may vary in different countries.
Checks come in several types. In the U.S., checks are regulated by the Uniform Commercial Code, Article 3. Two very common types of checks are order checks and bearer checks. An order check is payable only to the named payee or his endorsee.
It begins with "Pay to the order of". A bearer check is payable to anyone who is in possession of the document. Such a check usually does not specify a payee and is payable to bearer or "To the order of cash". This type of check is payable to someone who is not a person or legal entity. When checks are drawn from savings and loan association, they are called "negotiable order of withdrawal".
If checks are cashed from a credit union, they become share drafts.
Checks are used to pay wages also. Such instruments are referred to as payroll checks. A check sold by a post office or merchant such as a grocery for payment by a third party for a customer is called postal order or money order. If a check allows the person signing it to make an unconditional payment to someone as a result of paying the account holder for that privilege, it is referred to as a traveler's check. Such a check can be replaced in case of theft or loss and are very popular with travelers..
Employment Superconference to be Held in Orlando
Orlando, FL (ContentDesk) May 4, 2006 -- Interested in finding out about the latest in employment law?
Plan to attend a seminar presented by Zinober & McCrea, P.A., Constangy, Brooks & Smith, LLC, Jackson Lewis LLP, Retirement Plan Specialists, Inc., Zimmerman, Kiser & Sutcliffe, P.A., and Lorman Education Services, May 16th and 17th at the Radisson WorldGate Resort in Kissimmee, Florida.In this comprehensive two-day seminar, professionals will gain essential information on topics regarding employment and labor law, protection of confidential information, background investigations, maximizing productivity, building an effective handbook, and payroll tax responsibilities.
Continuing education credits are available.After completing the conference, attendees will be able to discuss payroll taxes, identify and avoid pre-employment mistakes, and discuss indicators of faulty handbook construction.Speakers for this seminar include renowned employment experts from the most...
Payroll > Employment Superconference to be Held in Orlando
Lorman Education Services Presents "Goodbye Medical Savings, Hello Health Savings, Health Reimbursement And Flexible Spending Accounts" on October 27, 2005
(ContentDesk) September 22, 2005 -- Lorman Education Services presents "Goodbye Medical Savings, Hello Health Savings, Health Reimbursement And Flexible Spending Accounts" on October 27, 2005.This "Goodbye Medical Savings, Hello Health Savings, Health Reimbursement And Flexible Spending Accounts" seminar will cover Current trends in healthcare, FSAs, HRAs,and HSAs.The seminar will compare and contrast not only FSAs (flexible spending accounts), but two plans that are less than two years old, i.e. HRAs (health reimbursement arrangements) and HSAs (health savings accounts). The seminar will concentrate on WHICH plans to use, WHEN you would use them, and WHY you would use one plan and not the other.Steven J. Jackson is regional services manager of PrimeFlex for PrimePay, the largest privately owned payroll and business services company in the country. After graduating from Taylor University, Mr.
Jackson has spent his entire professional career working with employers on wealth preservation...
Lorman Education Services Presents "Goodbye Medical Savings, Hello Health Savings, Health Reimbursement And Flexible Spending Accounts" on October 27, 2005
Payroll > Lorman Education Services Presents "Goodbye Medical Savings, Hello Health Savings, Health Reimbursement And Flexible Spending Accounts" on October 27, 2005
Wriker Chevrolet partners with United Way of Franklin County Tennessee this year for a 2nd annual Truck Driveaway.
Wriker Chevrolet partners with United Way of Franklin County this year for a 2nd annual "Truck Driveaway".
Wriker will be giving away a 2004 Chevy Colorado or $10,000 cash to the winner of person's eligible to win through United Way of Franklin County.
Anyone contributing an hour's pay per moth through payroll deduction through their employer or an individual giving a $100 one-time denotation is eligible for the truck.Wriker owner Mr. Fred Walker remarks:
The thirty-one years I've been a dealer here in Winchester, Tennessee have been wonderful.
Our store has changed drastically in those 31 years.
We have grown from a small rural Tennessee dealership to a regional retailer for Chevrolet, Pontiac & GMC cars and trucks. We also market a full line of Exiss aluminum horse trailers and stock trailers.
This growth allows us to be a compassionate partner in the community.Deadline for eligibility is: Oct 8, 2005Truck will be given away at half-time...
Payroll > Wriker Chevrolet partners with United Way of Franklin County Tennessee this year for a 2nd annual Truck Driveaway.
DIRECTO, INC., Paycard User Study Reveals Key Customer Needs--First Study of its Kind in the Paycard Industry
(ContentDesk) March 28, 2006 -- Directo, a leading provider of paycards for unbanked consumers, announces the completion of a customer study fielded by multivariable testing firm QualPro, Inc.The four month study of Directo customers revealed key insights into what account holders need from their paycards and from their service providers.According to Bob Howe, President and CEO of Directo, the study validated the firms understanding of the market while providing new insights into consumers needs. Were very encouraged by the results of the study. Early results have confirmed that we are on the right track as far as marketing to our customers, but the greatest value is clarifying further what card holders want from their cards. Historically, industry studies have focused on the paycard functionality and HR and payroll needs rather than on the consumer. By focusing on the consumer, Directo now has a firmer understanding of this growing market from the end users point of view. There...
DIRECTO, INC., Paycard User Study Reveals Key Customer Needs--First Study of its Kind in the Paycard Industry
Payroll > DIRECTO, INC., Paycard User Study Reveals Key Customer Needs--First Study of its Kind in the Paycard Industry
Microsoft Great Plains Implementation: Placement/Recruiting Agency example ? overview for consultant
Microsoft Great Plains does wonderful ERP job for horizontal markets and clientele. However in our opinion placement software market is underserved and needs custom modules to be developed. In the case of Microsoft Great Plains we see numerous examples of in-house or outsourced customization done for Great Plains Dynamics/Microsoft Great Plains in order to automate placement agency workflow and processes. In our opinion Great Plains is good choice, considering the side of placement and recruiting companies: mid-size or even small. Let us give you highlights from our consulting practice.?Full-Featured custom placement business system.
Technically Great Plains gives you functionality to develop integrated custom application, where you could build custom logic, extending Great Plains Receivables Management, Payables Management and other modules. You could implement complex recruiter commissioning schema, based on number of months of the placed employee work, etc. This is the most...
Microsoft Great Plains Implementation: Placement/Recruiting Agency example ? overview for consultant
Payroll > Microsoft Great Plains Implementation: Placement/Recruiting Agency example ? overview for consultant
PerfectSoftware and ClearSight Solutions Establish OEM Relationship
Stamford, CT (ContentDesk) August 6, 2004 -- ClearSight Solutions forms Strategic Partnership with PerfectSoftware. ClearSight Solutions, a leading provider of Human Resources Outsourcing and Consulting Services for small and medium-size organizations, announced today that it has formed a strategic OEM partnership with PerfectSoftware, a provider of Human Resource Software Systems, to incorporate PerfectSoftware's HR and Payroll technologies as an integral part of ClearSight's HR Technology Solutions Suite. ClearSight's Technology Solutions Suite includes ClearSight EMS (Event Management System), ClearSight HRMS (Human Resource Management System) and ClearSight Payroll (Payroll Management System).ClearSight EMS is a comrehensive add-on workflow application that can be used with any Human Resource Information System.
EMS lets users define process rules then commands the system to deliver documents, files, forms, reports, notifications and other time sensitive information anywhere,...
Payroll > PerfectSoftware and ClearSight Solutions Establish OEM Relationship
Eye disfigurement is easily concealed with prosthetic contact lenses from Adventures In Color Technology, Ltd.
(Golden, Colo.) - "It's amazing. I don't know why more people don't know about it," says Courtney Wacker, a Loveland, CO, accident victim, who benefited from hand-painted contact lens technology following a auto accident two years ago.Wacker suffered from double vision and a disfigured eye after emerging from a coma following the accident. She subsequently was fitted with a lens from Adventures in Color Technology. According to Wacker, the restoration of her normal vision and appearance brought...
Checks
Payroll > Eye disfigurement is easily concealed with prosthetic contact lenses from Adventures In Color Technology, Ltd.