Cash under and cash over adjustments to receipt totals for bank deposits
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United States of America Patent
Stats
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Sep 21, 2010
Grant Date -
Aug 24, 2006
app pub date -
Feb 24, 2005
filing date -
Feb 24, 2005
priority date (Note) -
In Force
status (Latency Note)
Importance
Abstract
A method of correcting a computerized ledger for deposit discrepancies uses a display such as a window to record a deposit transaction. An amount of receipts and an amount of adjustment are provided to account for cash over and cash under adjustments to a bank deposit. The data is stored in a computerized ledger system. A real time output is provided from the computerized ledger system that represents the amount of receipts adjusted by the amount of adjustment. Real time, such as same day, accounting data relating to deposits is available for reporting and decision-making.
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