Okay, now for a feature that I am definitely not in favor of:
Adding an electronic signature
So, I may be "old school" but I think you should sign every check in your business. I don't believe in having a signature stamp either. I have done forensic audits for far too many businesses and find that this is an area where you need to be diligent about your record keeping. It is too easy for a staff member to write themselves a check and use a stamp and this new feature in QuickBooks allows for you to save a digital signature and have it pre-print onto a check. There is NO SECURITY using this method. There is no controls in place for your business. So unless you plan on being the only person with access to the signature and checks for your business, I would skip this new feature entirely.
Adding an electronic signature
So, I may be "old school" but I think you should sign every check in your business. I don't believe in having a signature stamp either. I have done forensic audits for far too many businesses and find that this is an area where you need to be diligent about your record keeping. It is too easy for a staff member to write themselves a check and use a stamp and this new feature in QuickBooks allows for you to save a digital signature and have it pre-print onto a check. There is NO SECURITY using this method. There is no controls in place for your business. So unless you plan on being the only person with access to the signature and checks for your business, I would skip this new feature entirely.
Lynda
Check out my website www.rhodeislandbookkeeping.com
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