Well I did'nt know that this can pose a greater challenge than expected. Anyway, I was just trying my client to get rid of a third party software that extract data and use their product just to print paychecks and advices. I was thinking if there is a way to have cobol issue PCL escape sequences(which usually is the case of creating graphics, fonts, micr and embedded signatures etc).
In this case it would be better for me to offer them far cheaper solution to their printing needs. I used to program in SQR which is a high level SQL language. This product is way cheaper to own than the third party software they have now. This product can do graphics and whatever commands any printer can understand and what I like about it it's database connectivity. It can connect to almost any type of database all in a single program. All I have to do is simply extract the data and sent it to an SQR program to print it.
By the way I have installed this SQR product in PC clients, AS400, Tandem, Sun servers(unix) and NTs.