Get Micr Spec Sheet

The Micr Spec Sheet is an essential document for managing bank account changes with payroll services. This guide provides a step-by-step approach to ensure accurate completion of the form online.

Follow the steps to effectively complete the Micr Spec Sheet online.

1. Click the ‘Get Form’ button to access the Micr Spec Sheet and open it in your browser or preferred document editor.
2. Begin by filling in the 'Company Code,' 'Company Name,' 'Company Contact,' and 'Company Phone #' fields with the relevant details about your organization.
3. Indicate the purpose of the new account by checking all applicable boxes: Payroll Checks, Direct Deposits, Taxes, Billing, and Agency Checks.
4. Enter the OLD Account Number and OLD Routing Number to specify the account that is being changed.
5. Fill in the NEW Account Number and NEW Routing Number for the account that will replace the old one.
6. Decide whether you would like to maintain your current check number sequence. If no, specify the New Starting Check Number.
7. Document the Payroll Check Date for when the new account will become active.
8. Indicate if the account will utilize fraud protection or positive pay by selecting YES or NO accordingly.
9. If using positive pay, confirm whether you would like Paylocity to automatically transmit your positive pay file. Remember to coordinate with your bank if you select YES.
10. If you require new manual check stock, indicate YES or NO, and specify the quantity needed (minimum of 25). If next day service is required, check the corresponding option.
11. Review all entries for accuracy, then save your changes. You can download, print, or share the form as needed.

Complete your Micr Spec Sheet online today to ensure timely payroll processing.