Cash Reconciliation

The C3Mi Reconciliation system processes receipts including Cash, Cheques, Credit & Debit Card payments, coupons, vouchers, tokens etc. and validates them against the Equipment Expected and User Declared values.

Expected income:

- This represents the receipts generated at the Selling Point.
- EPoS systems can electronically feed the expected data directly into C3Mi.
- Electronic Cash Registers takings will be represented by opening and closing till readings.
- Gaming / Fruit Machines, Vending machines etc. provide meter readings. These reading will define the cash expected.
- Agents records will provide details of cash collected.

Declared Income:

- The denomination values counted by the user and supported by a paying in slip.

Banked Income:

- Denomination values counted and banked within the Cash Office.

Payments into the Cash Office may represent a Cash Lift, or a Final Clearance from the selling point.

All discrepancies are reported and documentation generated for management investigation.

C3Mi keeps a diary of expected clearances from Selling Points. For instance a EPoS unit may have clearances twice a day, whereas a Fruit Machine maybe cleared only on a Tuesday and Friday. C3Mi warns if expected clearances have not occurred.

Upon completion of the C3Mi Reconciliation process the trading day is closed and funds transferred to the Vault or direct to the bank.

Reconciliation Data Entry:

Configuration settings will determine the scope of the counting to take place.
For instance the system can be configured for the operator to enter all coins in their lowest denomination or in groups e.g. all copper coins.

Cheques, Card payment, Vouchers, Coupons etc. can be entered as totals e.g. 10 Visa slips with value $110, or each slip can be individually entered and reconciled.

Live Feed from EPoS Systems:

The Sandmar POSXpress3 and POSXpress3/ESTRA EPoS systems automatically feed C3Mi with data regarding Cash Lifts, Z Total Clearance Expected and Declared values. Alternative EPoS systems can also be integrated.