![]() ![]() Design Name - Enter a name for your design.This number should be unique for each design. Design Code - Enter any positive whole number between.See Related Links below for instructions on setting this information up in future years.īefore setting up a MICR Bank, you have to create the MICR Check Design under Firm > MICR Check Designer. This article addresses setting up MICR checks and bank account information in Drake Accounting ® 2019 and prior. Each character gives off a magnetic signal unique and identifiable to that character. A document printed with MICR ink is read by passing it through a machine that first magnetizes the ink on the MICR line and then reads the magnetic signals. A laser printer that accepts MICR toner is required to print these checks. It uses special characters and magnetic ink or toner on blank check stock to print the numbers and characters found on the bottom of checks - usually the check number, routing number, and account number. Magnetic Ink Character Recognition (MICR) was developed in 1956 for the banking industry and gives banks a secure and faster method of processing checks. You may set up as many accounts as needed for each client. ![]() Drake Accounting ® uses MICR (Magnetic Ink Character Recognition) bank account information when printing a MICR check. ![]()
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