What factors go in to calculating the cost per check issued? I would like to let my management staff know how much it costs to produce each check we use to pay our vendors.

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The answer depends first on your definition of cost per check issued – do you mean just the cost of the check preparation/signing/issuing (with associated bank costs) or do you mean the entire soup-to-nuts accounts payable cost to pay a vendor? Assuming you mean the former, factors include ---material costs such as check stock,toner, the labor costs for printing, bank fees for disbursement accounts, positive pay cost and the transaction cost (i.e. fee for clearing a check).

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