Professional Documents
Culture Documents
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A Research
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In Partial Fulfilment
By:
Chapter 1
INTRODUCTION
Micro businesses provide local jobs and empower the local economy, it creates
better off across a wide range of metrics. An economist with the Federal Reserve
Bank of Atlanta examined the relationship between micro businesses and economic
locally based, small businesses have stronger local economies (Rupasingha 2013).
and challenges that would arise in the future. Micro business owners or entrepreneurs
In fact, they are much prone to bankruptcy. Many sellers or business owners in the
past and in the present days already failed to manage their business well because of
lack of knowledge on how to manage and protect the flow of their money.
There are factors that can cause a business to go bankrupt. Sometimes, bankruptcy
client loss, trade credit problems etc. Financial problems like loss of capital, inability
to secure new capital when needed, high debt or difficulties with cash flow. Tax-
related problems: Often small business owners do not keep a keen eye on the tax
structure and when they finally notice, the hefty amount crushes their resources.
(Khera,2018).
Micro businesses loss their profit due to Not Staying on Top of Recordkeeping.
Recordkeeping is a big pain in the neck. As a business owner your focus is usually on
winning business and making sure the customers get it in a timely fashion. It is
essential to record all the money that serves as their income in their everyday
profits in small businesses it can close and reconcile the record books about the daily
income. Even if business is only a part-time operation with few profits, it should have
a separate checking account and separate credit card for the business. It may need to
take out the credit card in owners’ name when starting out, and that's okay, as long as
Despite best intentions, mistakes can be made while computing the daily income
Once it is identified that there is a mistake, it can be useful to know how that error
affects the conclusions that arrived at. A common error, understatement of income, is
usually caused by counting inaccuracy during the business inventory count. If income
is miscounted during the business income count, this could cause income to be
Any business venture that sells vast amounts of product at a time, fast and
accurate counting methods are essential. Counting money, as their name implies, are
most often used for counting income, which is useful inventory management. When
counting large amounts of money, it is important to be able to count them quickly and
accurately. Counting by hand is time consuming and subject to human error. The
smaller the coins and the more items processed at once, the harder it is to keep track
of accurate counting. This can waste time and money in incorrect counts. In the past,
there wasn’t much to be done about these problems. But today’s new technology can
changing economic realities Several type of technologies would change the fate of the
world for small businesses. Those technologies can lend a helping hand in building a
machine was invented in 1958 in China, created by a small-time banker Zhi Tian Sie,
who entered it in a contest, he won 3rd place. The micro business machine counts
notes at a much faster rate than a human. It is capable of handling a lot of cash at a
single time. It takes only a few seconds for the machine to count and there is no need
for the user to recheck the figures and waste time. Just a single quick count offers the
result. You may place the machine just next to your cash counter and save
considerable time. Small sized machines may be placed at the desk for quicker tasks.
According to TechSheer, most businessmen and retailers have to deal with cash
supermarkets, shops, and showrooms, among others. Manually counting cash can take
up a lot of time and demands great attention. It reduces the burden of cash
counts notes precisely and in a swift manner. An efficient machine eliminates the
need for rechecking. The counting machine also detects fake notes. Hence, having a
machine at the cash counter is necessary. At present, there are many note counting
machines available in the market but they are too expensive to be acquired by micro
business owners. They are specially designed to suit currency, with a variety of
features. Depending on your needs, choose a suitable machine and always opt for a
good brand. The innovation will develop to help the trade and industry in counting
The researchers decided to create and design a machine which will be called
Micro Business Money Counting and Sorting Machine or MBMCS Machine that
For cash-based businesses creating this kind of machine can be both smart
innovation and a great relief. There’s something about counting piles of money the
first few times, but quickly becomes tedious, time consuming chore. This kind of
machine automate this process so you can quickly total up a day’s cash proceeds and
The future users will have a more convenient and practically realistic flow in their
business – the researchers aim to give assistance or lessen this problem in the micro-
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business industry specifically about the problem being aware of the total cash-in of
the business.
B. SCHEMATIC DIAGRAM
Money Counting and Sorting Machine (MBMCS Machine), the figure above exhibits
the origin of ideas to create the aid machine. Instead of just counting it, the machine
is designed to count, sort, detect counterfeit bills and to automatically show the total
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value of each day profit or savings. The machine is made of Resistors, Alternating
Motor, Direct current, power supply, photo censor, etc., that will provide a great
The invention of this machine has the objective to provide a coin and bill
sorting system with operate at high speed and high accuracy in a size-reduced
machine. As the target to be count and sort, the information about the Philippine coin
has been review as well. The coin denominations issued are 1, 5, and 10.
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Generally, this study aims to create a money counting and sorting machine to help
micro business owners to ease their work in sorting and counting their profit, sales or
1. What is the acceptability of the Micro Business Money Counting and Sorting
Machine in terms of accuracy in counting the bills and sorting the cons at different
amounts?
2. How fast is the Micro Business Money Counting and Sorting Machine on
3. Is there significant difference between the time of the machine in counting the
D. NULL HYPOTHESIS
1. There is no significant difference between the time of the machine in counting the
This study is focused in the innovation of an automated machine for counting and
sorting money called the Micro Business Money Counting and Sorting Machine or
MBMCS Machine. The purpose of this research is to produce a high quality yet
affordable counting and sorting machine, the MBMCS Machine. This machine will
count the bills and coins faster than the manual process of counting the money and
misplacing the cash and even theft that can lead in net loss or bankruptcy.
The MBMCS Machine can instantly recognize the bills and coins once they are
placed on their right places in the machine and can count the money faster and more
convenient compared to the manual process. The machine then, shows you the total
amount of money inside it in no time and securing the cash. The capacity of the total
amount of MBMCS Machine will only limit to 4-digit coins and 5-digit bills.
However, the MBMCS Machine can only sort the coins on its own and not the
actual bills, so the person using the machine will be the one to sort the bills on their
proper compartment in the machine. Also, the machine also cannot accept deformed
In testing its affectivity and efficiency of the machine, the researchers will give a
sample machine to a particular sari-sari store owner if the MBMCS Machine really
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works in an excellent way. There is a built-in calculator on top of it. This will help to
ease the work of the store owners in calculating the change of their customer. This
study will last until year 2020 for its improvement and the study will soon be
conducted at Roxas, Isabela specifically at a mini sari- sari store or market stalls in
Rizal.
The result of the study is important to the micro business owners. This will help
identified:
This study will help them in managing and monitoring their everyday income and
The MBMCS machine also aids the online seller to effectively manage their
The micro business machine would be a great help in every sari sari-store owner
in speeding the process of counting the cash while simultaneously reducing the
This will serve as their basis to conduct studies to do the same analysis that can
With the aid of this study, future researchers could improve their findings. This
G. DEFINITION OF TERMS
The following major keywords were used in the study and were defined operationally
for the purpose of better understanding and clarity in the context of the research.
Accuracy - a measured value –that is. how close it is likely to be true value.
Capacitor-a device to store an electronic charge for a short period of time that
Chapter II
REVIEW OF RELATED LITERATURE AND STUDIES
A. Related Literature
In the early invention, the mechanical device of the coin machine is capable to do
the counting and wrapping all kinds of coin – gold, silver, nickel, and copper in USA.
size of coin, and separate brass tubes for attacking and wrapping (Jens H. Molbak,
1888).
placed in a counting-tube of the right size. The tube is then run rapidly over the
grooved tracks of the counting-board, where they are deposited. Each track holds
only ten coins. When the coins are all placed on the track, the board is slightly tilted,
thus throwing the coins into the spaces between the tracks. One end of the board is
then raised, and the coins quickly run down the aisles into the stacking-tube to the end
of the tray. This tube contains a paper wrapper, which can easily be closed when the
tube is opened. Formerly coin counting was a job for an expert, but this machine
equals in speed and accuracy the best of the old-time money-handlers known to
Figure 2: The early invention of the coin counting and wrapping machine
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component like sensor for detect coin, coin entrance, every coin tubes and electronic
circuit. For the mode of operation, the coin is insert to the coin slot and through coin
path then passes through the sensor which is located at along the coin path to measure
the coin’s physical properties. The properties of coin like dimensions, weight,
elasticity, conductivity, and dropping time is measured based on the sensor used in the
coin discriminator. Generally, there are 4 sensors are commonly used, which is
electromagnetic sensor, magnetic sensor, acoustic sensor, and optical sensor (Edward
H. Bell, 2004).
The most commonly sensor that can be found in the conventional coin
discriminator is the Electromagnetic sensor. This sensor is usually are the inductive
sensor or Hall Effect sensor. The permanent magnet is normally place on the side of
the coin path and the location of the magnetic sensor is directly opposite to the
permanent magnet. A constant magnetic flux and magnetic field strength is generating
across the coin path. When the coin is passes and go through the path, the coin will
vary the magnetic flux density so that the initially form of the magnetic flux density in
the space is been change, and this resulting specified change of the magnetic sensor
and instantly induced the electromotive force (EMF) . The induced EMF’s magnitude
is influenced based on the metallurgical property like thickness and diameter of the
coin. To detect the peak value of induced EMF, the magnetic sensor is connected with
an electronic sensor. Since different type of coin will produce specific peak voltage, it
can be used to verify the validity of coin denomination (Earl Hovey C, 2001).
Money counters are used in all the places where companies wish to count, check,
sort and pack large quantities of cash. Automating these processes rather than
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performing them manually makes them more secure, efficient and cost-effective:
Counterfeits are identified more reliably, manual counting and checking processes are
no longer required, administrative effort is reduced, and strain is taken off employees.
companies, and casinos use cash counters in almost all functional areas, from the
counter to their back office or cash center; when cash is put into or removed from
circulation; as well as on all transport routes. Cash counting machines are mainly used
for bank office operations elsewhere in industry – for example in the retail trade,
workload arising from routine tasks such as counting daily takings, sorting notes and
This machine can count large quantities of cash very much more quickly than
employees can by hand. They also don’t ever lose count. This makes cash processes –
such as payments in and out of the counter, loading ATMs, or daily closing of tills –
significantly more secure and efficient, as well as being more cost-effective for the
company. It saves time and resources. Cash counters perform several tasks at once: as
well as counting, they also simultaneously check whether coins and notes are
authentic. They sort banknotes by criteria such as currency denomination, and can
counting machines can also read serial numbers while counting. (functions, n.d.)
Money Counting Theory states that Money counting machine works on the
precept of the breadth of the money pack. A cylinder which has rods in a continuous
way and the cylinder move these rods with a specific speed. The speed stays stable as
like in the
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ATM machine. Counting machine has cylinder move on the pack of the money
and there is a transducer to shift out the single money one by one at a stable speed
which finds out that how much singular money has passed out in front of it. (Shaikh
D. A., 2016).
Coin sorters optimize the cash management process by efficiently sorting and
bundling all cash according to denomination. Sorters work through a number of steps
to process cash: place mixed denominations of cash in the machine where it is then
Sorting machines have a number of benefits for businesses, the primary one being
increased efficiency. With increased efficiency it can also reduce labour costs. The
time it takes to manually process cash can vary widely from day to day; introducing
automated cash management technology into the business reduces labour costs and
gives a consistent cash handling experience each day. Once the business has the
ability to reduce cash processing time, it can refocus on the growth and development
handle cash more efficiently. This machine has a number of functions. It acts as a
vault, money counter and sorter, and a counterfeit detector, all at once. This can help
through Theft Reduction. Currency counters act as vaults, so robbers can’t get the
business’ cash. This is one step to reducing theft in your business. These machines
also reduce internal theft by eliminating the need for manual handling of cash.
Unscrupulous employees don’t need to handle the cash, so they have fewer
opportunities to steal. Also, this can be an aid for Automatic Counting. Currency
counter are cash-counting machines. They automatically count the cash. This means
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business get correct counts quickly, for each and every transaction. It also means that
it can pick up on errors sooner, rather than later. If there’s a problem, the machine is
going to let the business know. This reduces human error. Since the machine is
counting, owners don’t need to worry about whether or not it already counted that
twenty-peso bill or if the business lost count in the middle. It also won’t ever
transpose numbers, so recording errors are reduced as well. Automatic Sorting is one
of the special functions of the machine. It automatically sorts the business cash, so
there’s no need to spend time picking toniest out of the loonies. Business owners
don’t even need to sort the big wad of cash that customer handed over, with bills
facing every which way and all the fives mixed in between the twenties and tens. This
save time. It also reduces the potential for error and theft as well. (dave, 2016)
Synthesis
Based on the literature, the money counting machine has many parts with
specific functions. The counting machine helps the business handle cash more
efficiently. It acts as a vault, money counter and sorter, and a counterfeit detector, all
at once. This can help through theft reduction, an aid for automatic counting and
denomination are placed in a counting-tube of the right size. The tube is then run
rapidly over the grooved tracks of the counting-board, where they are deposited.
Formerly coin counting was a job for an expert, but this machine equals in speed and
accuracy the best of the old-time money-handlers known to banking fame according
to Jens H. Molbak, 1888. The time it takes to manually process cash can vary widely
from day to day; introducing automated cash management technology into your
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business reduces your labour costs and gives you a consistent cash handling
experience each day and you can refocus on the growth and development of your
business.
Related Studies
In the Philippines, the first coins were used in 1861. Until now, people still use
coins in their everyday lives. There are those that deal with coins everyday like banks,
transport groups, casinos, charitable institutions and the like. Coin counter
technology is one of the basic technological methods today. Aside from bank use, it is
also consumed by people from medium to large scale business. Meanwhile, a coin
machines have the ability to sort from a random collection of coins into separate bins
for different denomination. The concept of the coin counter is mostly based on the
detection of the dimension, weight, edge of credit pulses by using sensor. The coin
sorting tray is designed to sort different type of coins based on the size of coin in
different denomination. The Filipinos are too inclined in retail than in wholesale. With
this, the researchers suggest that this demand should be given attention. In connection
to this, the business industry uses coins in wide variety nowadays. This made the
researchers to come up with the idea of coin sorting, counting and packing system
2017)
into industry and replaced many tasks carried out by humans with automated
determined that data punch in specified locations on a card, in the now familiar rows
and columns, could be sorted mechanically. This design was designed to reduce the
A money counting machine is a machine that counts cash either piles of banknotes
or loose collections of notes. Note-checking machine not only counts, they also
The first ever recorded money counting machine was invented in 1958 in China,
made by a small-time banker Zhi Tian Sie, who participated it in a challenge. He won
third place. Zhi died at the age of 30 years old and his model was lost until recently
rediscovered when tearing down his home. Various set of counting machines such as
Basic Note Counter, Intelligent Counting cum Counterfeit detection Machines, and
Hi-Speed Heavy Duty Cash counting machine are available to suit different type of
customers. Highly dependable and ideal for Banks, Big & small business houses,
Traders, retailers, jewelers and almost all types of business establishment can use
methods fake currencies have become on part with the original currency. The need to
validate currency authenticity has increased dramatically, increasing the demand for
Synthesis
Base on the studies, money counting machine was invented to help the people in
business industries become at ease in counting and sorting their income with utmost
security. Money counting machine checked coins for authenticity, counted, and sorted
based on their thickness and diameter, as well as the metal alloy used. According to
Sharma S. T. A., 2014 the note-checking machine not only counts, they also function
money in the face of the advanced Forgery techniques by printing, copying, and
CHAPTER III
This chapter deals with the procedures and methods that were used in the
study. This briefly discusses the research design, data gathering procedure and the
RESEARCH DESIGN
sort and count coins faster than a man can do. The counter and sorter should also be
more accurate and easier than manual sorting and counting. The research aims to help
the micro business owner’s in managing their income and lessen the problem being
aware of the total cash in of the business. To have more convenient and practically
realistic flow in their business. In this type of research, the problem is identified a new
counter machine. The counter and sorter should be easier than the manually counting.
experimental method was employed in this research for it aims to know procedures
DATA ANALYSIS
mechanical engineers was done. The researchers used this data gathering because it
helped to successfully construct a machine that can be tested and serve as standard
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setup for all the result. These sources are important because they contain essential
RESEARCH PROCEDURE
In gathering the data, the researchers used all the available resources and
references that could be found like PDF files, published researches, related articles,
For the creation of the MBMCS machine the researchers Breadboard It Before the
buying process all of the jars, connectors etc, breadboard this project to make sure that
the researches can get the counter and the display working. This goes back to the
statement in the first step, make sure to have the skills to do this and getting it
working on a breadboard is a really good way to test that theory. After breadboarding
reaserchers List the possible materials to be used. The basis of the creation will be the
Schematics - Display and Counter the Schematics - Display and Counter Due to the
size of the project and the number of chips required. Finally, start constructing the
MBMCS Machine.
BREADBOARD DIAGRAM
The design can be divided into input section, sorting, counting and
the output part. The input section is the part where the coins and bills
will be sorted for sorting. Included in this section are the input
switches which are the start/resume button, stop button, page button
and the reset buttons for each coin denomination. After the input, the
stored coins will now be sorted according to denominations in the
sorting part of the design. From the sorting section, the coins will
now be counted and compute for their equivalent value, in the
counting section of the design. Then the results will now be displayed
in the LCD, which is the output section of the design.
In creating the design, the mechanical part and the program is at the same
time. The sorting portion is the mechanical part of the design. The technique used in
the sorting process is by the size of the coin and the material of the coins for five and
ten- peso coin. For the counting portion of the design, infrared phototransistors
For the input section, a funnel made of plastic is used to drop the coins to the
sorter. This is to limit the number of coins and the weight that will be put in the
design. In the sorting portion, an AC Motor is used to run a revolving plate with holes
with the size enough to hold any coin, which is rotate on another plate that contains
holes exactly fitted to Philippine coins. These two plates do the coin sorting process.
For the five- and ten-peso coins, since they have the same size, a material sensor is
used to separate them. This sensor checks if the input coin has the same material with
the sample. In the design, the material sensor uses the five-peso coin as the sample.
This will accept five-peso coin and will reject any other coins that will be inserted to
it which is the ten-peso coin in the design. The same goes for the bills which are
For the counting portion of the design, infrared phototransistors sensors are
put to every end of the bridge or tunnel of every coin coming from the sorter. This
sensor is used because it is not sensitive to room lighting. This sensor gives a value of
logic one every time something passes through it. The signal will be processed by a
microcontroller to increment the count and compute the equivalent value of the coins.
Then these values will be output to an LCD display of the design. The LCD contains
the number of coins counted by the sensor and processor, the equivalent values, and
the grand total of the coins sorted by the machine. (Torralba, 2008)
MATERIALS/EQUIPMENT
4 X 20 LCD 1 195.00
PICI6FF877 1 296.38
Capacitor
Capacitor
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Capacitor
IR Sensor 6 79.75
Camlock 4 48.00
Hinges 2 18.00
AC Cord 2 48.00
AC Motor 1 1200.00S
RESEARCH FLOWCHART
START
1
RESEARCH ON RELATED
LITERATURE PROGRAM THE MBMCS
machine
1 END
Figure 4 shows that the overall flowchart to complete the MBMCS machine
from the beginning to the end. First, start the project by revise literature review of
related article and journal through online or the PDF. After that, the fundamental and
the basic concept of the machine will be known and understand. The concept to
programming the counting system and the mechanism of build the MBMCS machine
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should be clear. Next, the machine system will be designed as the coin and bill
acceptor is the device to count the coin and bill value and it is interface to the
computer through the help skilled individuals. The design of the money counting and
sorting system will be detail explained in the part below. Then, the sorting mechanism
is being designed to allow 3 different coins to sort and store in the box respectively.
Next, both hardware and software are combined and assemble. The overall test to the
machine is making to ensure that the machine is performing well. Finally, the data and
DURABILITY TEST
SLIGHTLY
CRACKED
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The Researchers will then record the time consumed in counting the bills and
the coins after the construction of the MBMCS machine. It will be tested at three
ACCURACY TEST
The Researchers compared the accuracy of manual counting process and the
actual money counting machine and the researchers found out that the actual money
counting machine is faster done the manual counting process for it takes a lot of time
to finish the job. The actual money counting machine also provides a secured amount
of counted money while the manual counting process can lead to miscount.
STATISTICAL TOOLS
To interpret the data effectively, the researchers will employ statistical tool.
The researchers will use the Likert scale to determine the level of effectivity of the
MBMCS machine. And ANOVA will be used to compute for the average time the
MBCS machine will take to count the bills and coins at different time.
Steps in ANOVA:
1. First step is to compute the total sum of the three different trials.
2. To complete the ANOVA table, calculate the average time of the sum the
Bibliography
Republic of the Philippines
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cruz. (2011). .The Design and Build of a Generic Sorting System . Thesis-Generic Sorting
System.
https://www.gi-de.com/fr/td/currency-technology/tendances/cash-cycle-insights/cash-
counter/?fbclid=IwAR1KrMSLcyr1--
VDAV3xTx2F7wzOjHqRkpCnjNKHo0QGDzZY_Cwfsh2I5FA. (n.d.). Retrieved from G+ B
currency technology.
International Journal of Engineering and Techniques - Volume 3 Issue 4, July-Aug 2017. (n.d.).
lombardi, a. (2017).