Machine and method for counting and reconciling paper money
AssigneeFederal Reserve Bank of Richmond
InventorsHarry B. Smith, Kenneth L. Robertson, Robert T. Smith
Life of this patent
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Abstract
This machine includes a header card receiving compartment and a plurality of bill receiving compartments and is adapted to reconcile the notes rejected by a high speed counting and sorting machine. The machine includes reconciling means comprising a platen adapted to receive a batch printout sheet from the high speed counting and sorting machine, actuating means for imparting a step in movement to the platen, and operating means operable upon certain header cards being fed into the header card feeding compartment for advancing the platen and the batch printout sheet one step to position the next line of print in alignment for view by the operator.
Claims6
In a machine for counting paper money including a plurality of bill receiving compartments, bill feeding means associated with each compartment, piece counter means associated with said bill feeding means of each compartment, a totalizing counter, a header card receiving compartment, header card feeding means associated with said header card receiving compartment, and header card counter means associated with said header card feeding means, the combination therewith of means for reconciling batches of paper money initially counted by an automatic counting machine producing a batch printout sheet, said reconciling means comprising a platen supported for step-by-step rotation on said machine and adapted to receive and maintain said batch printout sheet with a line of print in alignment for view by the operator, actuating means for imparting a step in movement to said platen for advancing the next succeeding line of print on said batch printout sheet to align the same for viewing by the operator, and operating means operable by said header card feeding means for advancing said platen and batch printout sheet one step when a header card is deposited in said header card receiving compartment which follows a header card that had rejected paper money behind it.
A method of counting and reconciling batches of money initially counted by an automatic counting and sorting machine into which is fed groups of paper money separated by header cards, the automatic counting and sorting machine rejecting certain paper money and the associated header card while producing a batch printout sheet including successive lines of print indicating the reason for rejecting certain paper money associated with corresponding header cards, said method comprising the step of supporting the batch printout sheet with a line of print in alignment for view by the operator of a machine for counting paper money, the counting machine including a plurality of bill receiving compartments, bill feeding means associated with each compartment, piece counter means associated with the bill feeding means of each compartment, a totalizing counter, a header card receiving compartment, header card feeding means associated with the header card receiving compartment, and header card counter means associated with the header card feeding means, said method comprising the further steps of feeding a header card into the header card receiving compartment, advancing the batch printout sheet a step in movement to position the next successive line of print in alignment for view by the operator, visually inspecting the rejected paper money associated with this header card and comparing the rejected paper money with the corresponding line of print on the batch printout sheet while feeding the rejected paper money into the bill receiving compartments, repeating these steps until all header cards of the batch have been fed into the counting machine, and then reconciling the totals on the batch printout sheet with the total on the totalizing counter.
Dependencies are inferred from the claim text.