Negative Bank
A negative bank is used when floats cannot be restored to full levels due to high payouts (e.g., gaming). The negative bank value will be paid back using future revenue, this process may vary depending on the venue.
Step-by-Step: Creating a Negative Bank Entry
In the Safe Module, click Negative Bank.
Select Out of Safe.
Choose the Purpose (TAB, Keno, Total Banking).
Enter the Amount needed (e.g., $1,000).
Add a Comment.
Click Submit.
How to Payback Negative Bank:
Via Banking Module:
Select Banking Module in Wirely
Select the “Payback Negative Bank” tab
The Negative Bank Balance will be displayed.
Enter the amount to be repaid, or select the ‘Fill with available banking” button to auto fill amount.
Select “Payback from Banking” to submit.
“Today’s Banking” will now reflect according.
The “Negative Bank” balance in the Safe will be reduced by the Payback amount. The Safe will show a variance until a Safe Count has been completed.
How to Payback Negative Bank:
Via Safe Module:
Select the Safe module in Wirely
In the top right hand corner of your screen, “Today’s Banking” displays the expected banking for the day. The entire revenue or a portion can be utilized to repay a negative bank.
To payback a “Negative Bank”, elect the “Negative Bank” button
Select the. “Into Safe” movement option
Once selected, the outstanding balance will show all prior movements
Enter the Amount to be replied, this should not exceed “Today’s Banking” total.
Enter a comment, if applicable and select ‘Submit’
The funds will commit and “Today’s Banking” will reflect accordingly.
The “Negative Bank” balance in the Safe will be reduced by the Payback amount. The Safe will show a variance until a Safe Count has been completed.
Purpose of Negative Bank
Negative bank is used when payouts (e.g., gaming) exceed available funds, making it impossible to restore floats to full levels.
Example: Gaming pays out heavily, leaving insufficient funds to top up floats.
The safe temporarily covers the shortfall.
Best Practices
Always resolve negative bank entries within the same trading week.
Use clear comments (e.g., “Gaming shortfall cover, repaid next day”).
Monitor the Movements Log to ensure repayments are recorded.
When to Contact your System Admin
Negative bank repayments do not clear as expected.
Transactions remain “outstanding” despite repayment.
Negative bank entries do not appear in the Movements Log.