Spears Software Solutions, LLC

At the branch teller line, cash transactions are entered into the Teller System and the appropriate documents (Cash In / Cash Out, etc.) are prepared for forwarding to proof. The proof operator verifies the deposits are in balance prior to being sent to capture. If an out of balance condition exists, the proof operator creates a ticket (manual or electronic) in the BACSS system which identifies the error and creates an opening adjustment to a control account. If required, a cash suspense MICR document may be printed and inserted into the capture stream to balance the transaction.

• Key BACSS features:
  
  
  • G/L, Image, Teller cash comparison
  • Creation of Out of Balance adjustments
  • Paper or electronic adjustment tickets
  • End-to-end online research and resolution
  • Advice/IO generation
  • Automated settlement and posting
  • Comprehensive reporting