Patent ID: 8032462

Claim:
A computer-implemented method for monitoring and balancing an electronic image cash letter (“ICL”), comprising the steps of: receiving, at a data capture module, an ICL comprising a plurality of items for electronic check processing, each of the items having an individual value; identifying, by a tracking module, an incoming ICL value amount comprising a sum of the individual values of the items; identifying, by the tracking module, an outgoing ICL value amount comprising a sum of the individual values of all items in the ICL that have been presented to at least one receiving institution for payment; determining, by the tracking module, whether all items in the ICL have been presented to the at least one receiving institution for payment by determining whether the incoming ICL value amount equals the outgoing ICL value amount; and outputting, by the tracking module, a report comprising information regarding the ICL in response to determining that not all of the items in the ICL have been presented to the at least one receiving institution for payment, wherein the data capture module and the tracking module are implemented in at least one computer system that comprises instructions stored in a machine-readable medium and a processor that executes the instructions.