In this day and age, we are all looking for ways to make our life easier and save time. If you’re running a cash-strapped business, here’s good news for you – you can make your life so much easier by buying one simple item. Investing in a cash register not only saves your employees time, it also gives you peace of mind that the numbers calculated are 100% accurate every time. So instead of having the nagging thought that there might be an error and the float needs to be calculated, you can rest easy knowing that your bill has been calculated with greater accuracy in less time than someone calculating manually. In this blog we will discuss how accurate are money counting machines.
Fast facts on the banknote counter
- Ability to process more than 20,000 rupees in just 13 seconds
- All banknote counters are polymer enabled
- Ability to count single or mixed denominations, even low quality banknotes
- 3 years warranty
- Certified by Central Bank
- Up to ten times counterfeit detection
So you want to know how accurate the money counting machine is. Let’s take a look at some of their qualities that make them the most effective way to save time and focus on the bigger priorities in your business.
We already know that banknote counters are 100% accurate, but what other features do they have to make them more reliable? Well, one of those features is dual tone detection, which is present in most machines. This means that if two bills are combined without the operator knowing, the machine will stop and warn you so that you can separate the bills and restart you’re counting for a proper calculation. This electronic double banknote detection works thanks to an infrared sensor which is evaluated by the machine.
The bill counter also has counterfeit detection technology, so you’ll also be notified when counterfeit notes pass through the machine. This technology works in a variety of ways – by using ultraviolet or infrared light, size detection, metal and magnetic thread detection, or by detecting the serial number printed on each banknote. Billing machines are so smart that some use all this technology to prevent your business from falling victim to fake thieves.
Another technology that helps counters to be very efficient is their ability to count and recognize the weight of banknotes. While banknotes and coins always have very accurate weights when they are first put into circulation, over time banknotes can pick up dirt and grime and become heavier, and coins can break into smaller pieces as they wear out. There is a lot of math built into certain calculating machines to help keep calculations correct. There are weight tables in each machine’s memory for all supported currencies and denominations, whether in bulk or in pouches or packages. It lets you count a series of coins and bills in seconds, saving you time to focus on other areas of your business.
If you have any questions before buying your banknote counter, here is some additional information to help you make an informed decision:
How long does it take to count notes?
The answer to this question depends on which machine you are looking at. Bill counters range from 600 bills per minute to 1900 bills per minute. As you can see, this is much faster than a human can calculate by hand. We actually calculate for you and calculate that the billing machine calculates mixed bills 29 times faster than counting by hand and our coin counter works 15 times faster than counting by hand.
In what state do you want the record to be in?
As long as the bill is flat, it can be calculated by the billing machine. The only problem is if the note is folded or wrinkled. When you are dealing with new records, sometimes they can stick to more than the existing records for a while. The easiest way to work around this before counting is to flip the bill a few times before running it through your cash register. Here you can get an idea about the money counting machines.