Deposit Slips Key Terms

Know what the terms associated with deposit slips mean

By Lori Carver

A deposit slip is the form you give to the bank that records your deposit. The customer fills out a deposit slip with the amount of being deposited as well as itemizing every check they deposit. Businesses have special needs with regards to deposit slips, so knowing the terms is key to successfully keeping records of your bank deposits.

Pre-printed, two-part, three-part and more all refer to different kinds of business deposit slips, so take the time to acquaint yourself with these and other deposit slip key terms.

Booked deposit slips

Booked deposit slips refer to deposit tickets that come in a book style. They may come in one, two, three or more parts according to the customer's specifications.
Try: Ink on Everything offers information on deposit slips with a section about booked deposit slips and a picture showing one.

Deposit slip template

A deposit slip template is a software program that provides a generic deposit slip. The customer customizes the template with his information. Many sites offer a deposit slip template, but not all banks will accept them, so make a trial one and test this with your bank.
Try: Q Archive offers details of a deposit slip template.

ICR, Image Character Recognition, Intelligent Character Recognition

ICR, image character recognition or intelligent character recognition, refers, in deposit slips, to the process of scanning the printing and writing on a bank deposit slip. The bank scanner must be able to read the information in order for the machine to record the deposit correctly.
Try: Checks and Payroll offers information on ICR. C Vision explains ICR extensively and describes the applications for deposit slips.

Carbonless deposit slips

Carbonless deposit slips are deposit slips printed on a special paper that allows copies to be made without the use of a carbon paper insert.
Try: Business Checks USA offers detailed information about deposit slips with a section about carbonless deposit slips.

One-part, two-part, three-part

One-part, two-part, three-part in regards to deposit slips determines the number of copies of the deposit ticket. Most businesses need at least two-part deposit slips so they can retain a copy of the original transaction.
Try: Tech Checks defines what “part” means in regards to deposit slips.

Laser deposit slips

Laser deposit slips are deposit slips that print from your software program to your laser jet printer. They are professional looking deposit slips, and printing by the customer reduces costs to the business.
Try: Check Advantage provides information on laser deposit slips.