Punching, line rolling, cutting and folding are performed at one time and it's proper for all kinds of paper and no carbon paper. More lines of punching holes can be added to produce varieties of bills. The paper scroll is easy accessible, and it is electron braked. Guiding equipment is photo-electric detected and it can control the running direction of paper conveyor automatically. High-speed screw type folding, electrical counting and frequency control make operation easy and accurate. Paper can collected in rolling way.