I run a small business and we receive 10-20 cheques every week. We attach each cheque to a deposit slip and put the client ID on the deposit slip. All those go into a quick lodge envelope once a week and are dropped off at the bank. This way our statement shows exactly which deposit goes with which customer.
Now the bank is getting rid of the quick lodge and I'm going to have to queue at the bank and wait which is a pain and a waste of my time.
Does anyone have any suggestions for a more efficient way of doing this? Do any banks in Ireland offer an edeposit facility for cheques?
(We do encourage them to pay by eft but most of them won't or can't)
Thanks.
At the moment we're just happy to get paid at all, so no chance of us rocking the boat with clients. We provide the information for EFT, but if they want to write a cheque and use snail mail, that's fine with us!The problem I see here is that customers are paying by cheque and not EFT. I'd be concentrating on getting them to pay that way rather than on the quickest way to make a manual lodgement.
How much "encouragement" are you giving?? If it's merely including your bank details on your invoices it's obviously not enough. Have you tried calling the offenders to determine why they can't or won't pay by EFT?
The problem I see here is that customers are paying by cheque and not EFT. I'd be concentrating on getting them to pay that way rather than on the quickest way to make a manual lodgement.
Save time by not doing an individual lodgement slip for each cheque. A total lodgement figure for the week on a bank statement is easily analysed in your cash book or on excel and can also be jotted down on the back of the bank lodgement stub.
We'd love for all of them to move to EFT but that simply isn't possible based on the way some of them are run. Even discounting them a small amount won't help.
...it really really annoys me that the bank can't itemise my cheques for me.
... I'd love to be able to edeposit from my mobile phone and never set foot in the branch.
Where there's a will there's a way.
Point taken, I just don't like to changeWhy do you need this if there's a summary recorded elsewhere?
How does that work?
For my american bank I have a mobile banking app for my phone. I sign into the app and click on edeposit. I tell it the amount, the account and then use the phone to take a photo of the front and back of the cheque. Presto, deposited.
I run a small business and we receive 10-20 cheques every week. We attach each cheque to a deposit slip and put the client ID on the deposit slip. All those go into a quick lodge envelope once a week and are dropped off at the bank. This way our statement shows exactly which deposit goes with which customer.
Now the bank is getting rid of the quick lodge and I'm going to have to queue at the bank and wait which is a pain and a waste of my time.
Does anyone have any suggestions for a more efficient way of doing this? Do any banks in Ireland offer an edeposit facility for cheques?
(We do encourage them to pay by eft but most of them won't or can't)
Thanks.
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