A currency processing machine for receiving and dispensing cash and substantially immediately furnishing an associated cash accounting system with data, including the value of the currency processed, for each transaction. The machine includes a bill dispenser (13) having a bill storage device and controllable transport device for dispensing selected numbers of bills from the storage device, a bill receptacle for receiving stacks of bills to be depositided, and a bill counter and scanner (8) for rapidly removing the bills one at a time from the receptacle and counting the bills while determining the denomination of each bill. A control system transfers data from a memory to an associated cash processing system so that the deposits and withdrawals executed at the currency processing machine are entered in the accounting system substantially immediately after the execution of those transactions.