POS Sales Transaction Safety Net

A method for monitoring a register, comprising:

• (a) providing a register having associated therewith (i) an electronic journal which resides on a hosting server separate from the register, and which receives digitally transmitted records of all transactions occurring at a register, and (ii) a secure, nonvolatile memory device which stores sales transaction data for the register;
• (b) determining whether the memory device associated with the register has sales transactions with a date within a specified date range;
• (c) if the memory device does not have sales transactions with the specified date range, then marking the memory device as having been examined for transactions in the specified date range;
• (d) if the memory device does have sales transactions with the specified date range, then determining whether the transaction data stored therein corresponds to the transaction data stored in the register's electronic journal for the specified date range;
• (e) if the transaction data stored in the memory device corresponds to the transaction data stored in the register's electronic journal, then marking the memory device as having been examined for transactions in the specified date range;
• and
• (f) if the transaction data stored in the memory device does not correspond to the transaction data stored in the register's electronic journal, then marking the memory device as having been examined, initiating a data recovery process and generating a notice of the discrepancy.