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Falcon User Manual - Remittance Processing - OPEX Corporation
Julian Dates A number representing a date. In the Julian Calendar, each day
is assigned a three-digit number. January 1st would be 001, January 2nd would
be 002, on up to December 31st which is 365. Every fourth year (leap year) has
366 days. Customers often use Julian dates to keep track of late payments.
MICR Magnetic Ink Character Recognition. Used by the scanner to read the
magnetic ink letters, numbers, and symbols found on items such as checks and
batch tickets.
Multi A transaction (in the remittance world) consisting of one or more stubs
followed by one or more checks.
OCR Optical Character Recognition. Used by the scanner to identify letters,
numbers, and symbols on items.
Operator The person running the machine.
Page Type A collection of criteria (such as length, height, barcode, mark de-
tect, MICR, etc.) that a piece must meet to be classified as a certain type of item.
Each job includes one or more page types.
Piece Any single sheet of paper processed by the Falcon.
Print Field Items that make up an audit trail.
Single A transaction consisting of a document and a check.
Skew A term used to identify when an item is misaligned when scanned. Typ-
ically, a skewed item prevents the scanned image from being read properly.
Snippet An image captured from a scanned item. Each item may have up to
10 snippets associated with it.
Transaction Defined by the customer in a number of ways. For example:
Check(s) and stub(s), with or without attachments, and an envelope (e.g., in a
payments job it can contain singles, multis, mixed, check only, etc.)
Transaction Boundary A term used to indicate the beginning or end of a sin-
gle or group of page types in a transaction. Typically, a specific page type is
used to identify this boundary either at the beginning or end of a transaction.