Banking operations workflow for Tallyfy

Process deposits accurately before end of day

Next-day deposit processing creates customer complaints and regulatory issues. This Tallyfy template guides operations staff through sorting, verification, encoding, and clearing - ensuring deposits post to accounts the same day with balanced batches.

4 steps

3 fields

Import into Tallyfy Preview steps

Banking

Run this workflow in Tallyfy

Import this template into Tallyfy and launch daily processing by entering the date, processor name, and estimated item count in the kickoff form

Use Tallyfy's form fields to capture total deposit items, verified amounts, encoding errors, batch totals, and posting status at each step

Track deposit processing through Tallyfy with 2-4 hour deadlines for sorting, verification, balancing, and clearing preparation so nothing gets left overnight

Import this template into Tallyfy

Process steps

Sort and organize deposit items

2 hours from previous step

task

Separate deposits by type: checks, cash, and mixed. Group commercial deposits separately from retail. Make sure each deposit slip is present and legible. Items without proper documentation go in the exception pile.

Form fields in this step

Total Deposit Items *

Items with Exceptions

Verify amounts and encode checks

3 hours from previous step

task

Compare each deposit slip to its contents. Count cash twice. Verify check amounts match listed totals. Encode checks with MICR line information and amount. Flag any items that need research (missing endorsements, stale dates, amount discrepancies).

Form fields in this step

Total Verified Amount *

Encoding Errors Found

Items Flagged for Research

Balance batch and post to accounts

4 hours from previous step

task

Total all encoded items. This must match your verified deposit total. If it doesn't, find the error before posting. Once balanced, post deposits to customer accounts. Generate the posting report.

Form fields in this step

Batch Total *

Posting Status *

Batch Reference Number *

Prepare items for clearing

4 hours from previous step

task

Package encoded checks for image capture or physical clearing. Ensure all items are properly oriented. Run end-of-day reports showing all processed deposits. File documentation according to retention schedule.

Form fields in this step

Items Cleared *

Documentation Filed *