The deadline for adopting the new cheque specifications published by the
Canadian Payments Association (CPA), has been extended to September
2nd, 2008. This extended transition or "grace period" will allow
businesses that are still working on the changes to use up their existing
supply of cheques and to make any required changes to software.
However, all cheques used by customers of financial institutions operating in Canada will require some changes.
We will be happy to discuss how these changes may affect your business, as
well as options available for your Sage Accpac system that allow you
to print cheques and multi-part forms directly on your own laser printer.
We have also provided the following links for additional information on the cheque specification changes:
General Information
Frequently Asked Questions: New Cheque Specifications
New U.S. Cheque Clearing Legislation May Affect Cross-Border Cheques
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