First Byte Corporation: Municipal Revenue Collections

MRCS is designed to automate and simplify the daily collections of municipal revenue including property taxes, utility revenues, late charges and penalties, as well as all types of general municipal revenue. MRCS utilizes the Power and Economy of the Personal Computer in a Traditional Cash Register environment. It is designed to integrate, on a transaction by transaction basis, with First Byte's Tax Accounting and Billing System (TABS) and the Byte Utility Billing System (BUBS). Key features of MRCS include:

MRCS is a multi-purpose "P/C" based cash receipting system designed to handle over-the-counter and mail-in transactions in flexible single transaction and batch mode entry formats.

MRCS is designed to handle, within a single screen, collections of Property Taxes, Utility Billing, as well as General Revenues which may be mixed within individual transactions.

MRCS is capable of handling and recording mixed-media payments (check, cash and/or credit card).

MRCS maintains a full, detailed transaction journal as well as an End-of-Day reconciliation report including separate totals for payment type, Bank Account, Revenue Type and Principal & Interest.

MRCS provides automatic slip printer control for endorsing checks and validation of bills as well as optional integrated automatic cash-drawer.

Bar code scanners can easily be integrated to enhance the performance of MRCS.

MRCS may be utilized in a "Free-standing¨ mode or in an "on-line" mode with direct access to FBC TABS or BUBS system and/or Utility Billing System to provide on-screen account validation plus crucial open balance and interest and penalty calculations during transaction entry.

Transactions that are entered through MRCS are captured to disk for automatic posting to accounts once the receipts have been proofed and certified. This feature virtually eliminates the need for "double posting¨ of individual transactions.