STRATEGIC PARTNERS
April 3, 2002
NORWOOD, Mass. -- e-ClassicSystems, Inc., the developer of the ATM business management system ATM Manager Pro, has made available a white paper addressing a method for generating profit and loss statements for ATMs.
This white paper, written by e-ClassicSystems President Thomas F. Meurer, focuses on the income and expense categories needed to define and calculate Profit and Loss (P&L) statements for ATMs and other terminal devices, according to a news release.
It investigates some of these accounting categories in greater detail, such as cash costs and service fees. It shows several examples of ATM P&L statements, based on different fee structures and explains how merchant and other partner settlement statements can be derived from the same income and expense accounting calculated in the ATM statements.
The paper also identifies input data feeds that automatically drive the calculation of the P&L process, and output data feeds that allow synchronization with other core accounting systems such as General Ledger, Fixed Asset and Accounts Payable systems.
To obtain a copy of the white paper, contact Tyson Nargassans at 781-551-9123 or email tnargassans@eclassicsystems.com.
Introduced in May of 2000, ATM Manager Pro databases are managing the operations of more than 50,000 ATMs at 53 customer sites. The software suite offers a number of integrated modules to centralize all ATM-related data including assets, configurations, transactions, profitability, cash, service, supplies and more.
