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This is known as bouncing a check and you may have to pay a separate fee to your bank on top of the NSF fee. How To Avoid NSF Fees Fortunately, it is possible to avoid NSF fees.
An NSF check may be referred to as a bad check, dishonored check, bounced check, cold check, rubber check, returned item, or hot check. Lost or bounced checks result in late payments and affect the relationship with customers .
Bounced checks and penalty fees can snowball quickly and put an account holder in a financial hole, so it’s important to get your finances under control as quickly as possible. Outstanding bills
QuickBooks is an accounting software package developed and marketed by Intuit. First introduced in 1992, QuickBooks products are geared mainly toward small and medium-sized businesses and offer on-premises accounting applications as well as cloud-based versions that accept business payments, manage and pay bills, and payroll functions.
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A substitute check (also called an Image Replacement Document or IRD) [1] is a negotiable instrument that is a digital reproduction of an original paper check.As a negotiable payment instrument in the United States, a substitute check maintains the status of a "legal check" in lieu of the original paper check.