Gumball may refer to: A ball made of gum often dispensed from a gumball machine. Gumball (band), an alternative rock band from the 1990s. Gumball (video game), a 1983 video game by Broderbund. Gumball 3000, an international car rally.
If a customer is identified by the document number but the bank details do not correspond to the MICR number, they can be added via the optional batch input session. This allows the SAP system to âlearnâ customer bank accounts via repeated use of the lockbox service.
MICR readers read text printed with magnetic ink. A MICR reader converts MICR characters into a form the a computer can process. The banking industry almost exclusively uses MICR for check processing. Look at the next check you write or receive for MICR at the bottom of the check. 18. Slide 18