Using Network Balancing
Network Balancing provides a more accurate method of balancing your credit union’s cardholder activity and/or terminal activity. If your credit union has an online card-based program between CNS and Portico, you can automate the daily balancing of your cardholder activity with Network Balancing.
Network Balancing provides the following features and benefits.
- Supports ATM, POS, Debit and Share Branching products that are processed through the CNS network switch to the Portico system for all settled network activity.
- Provides a balancing control transaction that displays a list of balancing periods and their status.
- Displays CNS switch and Portico host totals for a business day on a new 3-tier balancing transaction.
- Lets user transfer to the ATM Network Exceptions window, if an out-of-balance condition exists.
- Allows you to customize daily general ledger moves.
- Displays an indicator on the 3-tier balancing transaction if adjustments have been processed by CNS and settlement passed to Corporate.
- Allows timely analysis of problems and determination of recovery steps.
- Reduces time spent on the daily balancing process and the resolution of out-of-balance conditions.
- Allows the delivery of efficient standardized training and support.
- Allows you to post suspect and/or unable-to-complete transactions online.
- Automates the daily GL moves for CNS network-driven ATM machines, using daily CNS TS10 report totals.
- Reduces data entry errors with automated GL and cash control movements per ATM terminal per business day.
- Displays all deposits for a specific ATM terminal, including on-us and foreign cardholders.
- Lets you verify and correct member and non-member ATM deposits online and post these deposits to the appropriate GL accounts.
- Displays all suspect transactions for a specific business day and ATM terminal.
- Supports Cash Control and Teller Administration.
The following Portico reports support Network Balancing.
- Teller Balance Request Report 881
- Network Cardholder Activity Report 904/914
- Network Settlement/Reconciliation Report 905/915
- Network Date/Time Reconciliation Report 906/916
The following CNS Switch reports also support Network Balancing.
- IF65 - Accounting General Ledger Summary by Client Day Report
- CD10 - Cardholder Transaction Detail Report
- TS10 - Terminal Transaction Summary
- TD10 - Terminal Transaction Detail Report
- TD11 - Terminal Depository Detail
The following reports support the adjustment totals passed to Corporate by CNS and correspond to the Acknowledgements grid on the Cardholder Balancing Summary window.
- IC10 – Institution Correction Detail
- IE56 – Client Network Correction
- IE57 – Adjustment Notification Report