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Title : How to Do ATM Reconciliation
link : How to Do ATM Reconciliation
How to Do ATM Reconciliation
How to Do ATM ReconciliationHow to Do ATM Reconciliation - Hello Friend Accounting Methods, In the article you read this time with the title How to Do ATM Reconciliation, We have prepared this article for you to read and retrieve information therein. Hopefully the contents of postings Article bank, Article Bank reconciliation, We write this you can understand. Alright, good read.
Title : How to Do ATM Reconciliation
link : How to Do ATM Reconciliation
How to Do ATM Reconciliation
Like bank reconciliation of by every business, it is also necessary to do ATM reconciliation by each bank. It will be helpful to deduct how to make ATM robbery and fraud and stop it fastly. Before know the procedure of ATM reconciliation, it is very important to know what is ATM reconciliation.
ATM reconciliation means to know the difference between ATM balance as per book and as per actual. Moreover to find the reasons of this difference and supply new cash in ATM for smooth customers' transactions.
1st Step : Fixed the Routine of ATM Reconciliation
It may be every day. Two days in a week or one day in week.
2nd Step : Organize the Team of ATM Reconciliation
There must be head of team. There must be the custodian who will open the ATM the machine and check the balance cash and compare it with account book cash.
3rd Step : Follow ATM Reconciliation Format
It has 12 column, it mus be follow for completing the process of ATM reconciliation. Through filling, we know what is closing balance of cash physically and what is ledger balance of cash? What is difference.
Thus Article How to Do ATM Reconciliation
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