What is 'MICR' in SAP BC-CCM-PRN - Print and Output Management?

MICR - Overview

• Component: BC-CCM-PRN

• Component Name: Print and Output Management

• Description: Magnetic ink character recognition. A character recognition system using special ink and characters that can be magnetized and read automatically. MICR is used almost exclusively in the banking industry where it is used to print details on checks to enable automatic processing.

MICR - Details

• 
  Key Concepts: 
  MICR stands for Magnetic Ink Character Recognition. It is a technology used to read and process printed characters on documents such as checks. MICR is used in SAP's BC-CCM-PRN Print and Output Management component to read and process printed characters on documents. 
  
  How to use it: 
  In SAP's BC-CCM-PRN Print and Output Management component, MICR is used to read and process printed characters on documents. This allows for faster processing of documents, as the system can quickly recognize the characters and process them accordingly. 
  
  Tips & Tricks: 
  When using MICR in SAP's BC-CCM-PRN Print and Output Management component, it is important to ensure that the documents being processed are printed with the correct font and size. This will ensure that the system can accurately read and process the characters on the document. 
  
  Related Information: 
  SAP's BC-CCM-PRN Print and Output Management component also supports other technologies such as OCR (Optical Character Recognition) and barcode scanning. These technologies can be used in conjunction with MICR to further improve document processing speed and accuracy.