a check processing system and method comprising utilizes an image scanner that produces an electronic image of a check upon scanning of the check . the system and method receive the electronic image of the check from the image scanner , receive point - of - sale data generated at a point - of - sale , determine a monetary value of the check from the electronic image of the check , and reconcile the determined monetary value of the check with the point - of - sale data so that the check is correlated with a transaction that occurred at the point - of - sale .