Weak point of money in commerce. Circulation and control of money within a business.
The five modules of money circulation.
In any business, regardless of size or sales volume, we can explain the entry and circulation of money
using the wheel of the FIVE MODULES.
MODULE 1: CONTROL AND POINT OF SALE
MODULE 2: CONTROL AND VERIFICATION
MODULE 3: MONEY TRANSPORT
MODULE 4: DELIVERY AND DEPOSIT IN THE BANK
MODULE 5: RECONCILIATION AND REPORTS
In the first module CONTROL AND POINT OF SALE the entry of bills and coins takes place, through the sale charge.
This module is very critical, the clerk/cashier, authenticates, counts and stores the cash entry. These three steps, AUTHENTICATE, COUNT, STORE, always take place in front of the customer. In peak hours, with a higher number of transactions, the same operations are multiplied, consequently we run the risk of:
1.No identifying counterfeit bills
2.Count erroneously
3.Giving wrong changes
4. Accumulating a large sum of bills in the cash drawer, with the consequent risk of theft or robbery.
In order to minimize the risk of money losses in MODULE 1 , Countermatic offers the following solution:
1. Use in each box the counterfeit bill Detector CHICAGO. It authenticates and counts all incoming bills in the box
2. Use the Counter Cash installed under the cash desk, it allows to quickly and safely store all leftover bills from the cash box without the need to stop the boxes
and count the money in front of the customers, avoiding robbery risks.
In the second MODULE, CONTROL AND VERIFICATION the business counts and verifies in its office the money that comes from the cash registers. If the cash that comes from the cash registers or MODULE 1, is not perfectly authenticated and quantified,
verification becomes a really costly task and the following questions arise:
Are the cash registers not matching?
Do we receive counterfeit money?
Does money disappear?
Having MODULE 1 properly protected, with the Countermatic bill counting machine New BOSTON V and the Coin Counter Classifier Counter 800, we will be able to control and verify that the money coming from the cash registers matches perfectly.
Once the money is transported and deposited in the Bank, reconciliation in the central offices, becomes an easy task avoiding losses of money and time.
