SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C.  20549


                                    FORM 8-K


                                 CURRENT REPORT


                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934


Date  of  Report  (Date  of  earliest  event  reported):  December  26,  2003


                          ELECTRONIC CLEARING HOUSE, INC.
                          -------------------------------
             (Exact name of registrant as specified in its charter)


           Nevada                       0-15245                  93-0946274
(State or other jurisdiction    (Commission File Number)       (IRS Employer
     of incorporation)                                       Identification No.)


730 Paseo Camarillo, Camarillo, California                         93010
  Address of principal executive offices)                        (Zip Code)

       Registrant's telephone number, including area code: (800) 233-0406


--------------------------------------------------------------------------------
          (Former name or former address, if changes since last report)



ITEM 7.   FINANCIAL STATEMENTS AND EXHIBITS.

     (c)  Exhibits

          99.1 Press  Release  dated December 26, 2003, announcing recalculation
               of diluted earnings per share for the fiscal year ended September
               30,  2003.

ITEM 12.  RESULTS OF OPERATIONS AND FINANCIAL CONDITION.

     On  December  26,  2003,  Electronic  Clearing  House,  Inc. issued a press
release  announcing  its  recalculation  of  diluted  earnings per share for the
fiscal  year  ended  September  30,  2003.  A copy of the press release is being
furnished  as  Exhibit  99.1  to  this  report  and  is  incorporated  herein by
reference.

     The  information in this report shall not be deemed "filed" for purposes of
Section  18  of  the  Securities  Exchange  Act  of 1934, nor shall it be deemed
incorporated  by reference in any filing under the Securities Act of 1933 or the
Securities  Exchange  Act  of  1934,  except  as shall be expressly set forth by
specific  reference  in  such  a  filing.



                                   SIGNATURES


Pursuant  to  the  requirements  of  the  Securities  Exchange  Act of 1934, the
Registrant  has  duly  caused  this  report  to  be  signed on its behalf by the
undersigned  hereunto  duly  authorized.


                                              ELECTRONIC  CLEARING  HOUSE,  INC.
                                                   (Registrant)




                                              By:  \s\Alice Cheung
                                                   -----------------------------
                                                Alice L. Cheung, Treasurer &
                                                Chief Financial Officer


Dated: December 26, 2003