A typical day at work starts off balancing the daily cash for each branch location. This consists of data entry, verifying cash shipments, and following up with the branch location if there are any discrepancies. Once this is done, I work on top priorities which can vary daily. Generally, I balance any ATM's, verify replenishments, withdrawals and residuals. When those are up to date, I continue my day working on entering and cutting any Accounts Payable checks that need to go out for the day. By mid-morning I work on any payrolls that have been sent to us in the mail. I post them, set up new payrolls, and send any back that have a closed account. Throughout the day, I can get new ATM's to balance or more A/P checks to issue. I also balance the general ledger for the payrolls that are received. This is done each day for the previous day.
I work well with all my co-workers. We have to work closely together to solve any problems because each of us may have hand in helping to balance a general ledger. For example, one employee will post all usage for an ATM, while a separate employee posts any residuals and replenishments and a third employee can post an over/short discrepancy. If there is an issue, I will have to communicate with one or all of them to figure out a solution.
The hardest part of my job is attempting to balance an ATM where the currency company is not fufulling their end of the deal, whether it be reporting balances incorrectly or not replenishing the ATM in a timely manner. When this happens, this can play a part in the general ledger being incorrect or I may not be able to balance the ATM.
The most enjoyable part of my job is when I can work through a challenging problem, working with my co-workers and coming up with a solution. If Accounting were easy, everyone would do it. The job requires patience and the ability to work well with others and problem solving skills.