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QuickBooks has been a real game-changer for businesses of all kinds. Irrespective of the size or the nature of one’s operations, it has provided businesses with an efficient means of keeping track of their finances and managing expenses and incomes more competently.In some ways, it has given businesses some room to benefit from the services of expert accountants without necessarily having to pay an expensive in-house account.With QuickBooks, businesses are also able to generate cheques that they …

Cheques, either of the personal or business variety, have been a preferred payment method for a long time. Though there are questions about their continued use as a means of payment in the face ofadvancements in the digital payment space, they are still a force to be reckoned with, and it is safe to say they will be viable for many years to come.Do you, however, have a clear understanding of business and personal cheques, and do you know when to use each type? Continue reading for more insights …

Credit and debit cards may be the most popular modes of payment in the present times, but this is no indication that people are forgetting about cheques. Unknown to many people, there is a horde of benefits that comes with using cheques compared to other modes of payment.Currently, the majority think that cheques are actually becoming obsolete, but what you don’t know is that according to the Federal Trade Commission, over three billion cheques are drawn every year. This is a humongous number fo …

Bank deposit slips may be relatively rare these days, but they are still an option with most banks in Canada, including some of the big banks such as RBC Bank. Since they are an option you may come across occasionally, it is a good idea that you know how they work so that you don’t face any challenges when it comes time to use them. A bank deposit slip is a document that usually accompanies a cheque or a cash payment.It is the document you normally hand over to the teller, in addition to the cas …

Many businesses around the globe prefer to use company cheques as a means of meeting their financial obligations. Cheques are a traditional form of payment that is largely accepted by many businesses, making it not only ideal for the issuing party but also convenient for the receiving parties. Recent years have seen a sharp increase in cheque frauds, but financial institutions have also responded by devising cheques that are more secure as a way of maintaining the integrity of this form of payme …