Top Notch How To Count A Cash Drawer
Select the serial port number the cash drawer is plugged into.
How to count a cash drawer. Printable Cash Drawer Count Sheet. For accountability purposes assign one or two trusted employees to balance your cash drawer s. If you have a lot of cash to count begin with your largest bills.
If the cashier does not have the opportunity to arrange the bills and coins at face value there will be complete confusion and the time spent on preparing and issuing change will increase. The bank should have a spreadsheet that will allow you to keep track of how much you have in each denomination. Then move on to the 10 5 and 1 bills.
This gives you an accurate statement to compare to the amount of money in the drawer. Ending a cash drawer is different than closing a cash drawer. The amount in the cash drawer needs to add up to the sum total of these two figures.
Take your starting cash total and the amount of cash receipts for the day. Other POS systems ask you to enter how many twenties tens fives etc. You can assign one person to count the drawer while another employee prepares the bank deposit.
In addition to closing a cash drawer from the Square app you can close any open cash drawers from your online Square Dashboard. At the close of the drawer end of business for the day it asks whats in the drawer but theres no way to count it and track it. However they can be edited.
Tally up the sum totals of all coins notes and PDQ receipts and compare the result to the totals on the X read. Available for PC iOS and Android. Withdrawn cash drawer and X read to hand begin the physical count.