Point-of-Sale Best Practices: Cash Management

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Cash Drawer Activity

Is there a way to run a report out of the POS for finding out when the cash drawer was just opened? I seem to be able to find every other report except that one. I would like to be able to find out who opened the cash drawer and when.

Brian more than 2 years ago

Report doesn't exist

Sorry, that report isn't available.

insightfulaccountant.com more than 2 years ago

Reconcile ALL transactions

Great article.

I want to add the scenario when the POS isn't integrated with the Intuit Merchant Service. The system let the user record a Cash transaction as Credit Card transaction type and the employee take the Cash. The Cash amount on the Till will match with the Cash X-out report. The Credit Card slips won't match the Credit Card X-out report. I will add as a Best Practice to Reconcile ALL transactions (Count the Cash, review On Account transactions, and reconcile the Credit Card and Debit Card transactions against the Bank statement, and make Spot Checks) by employee shift.

Edgar Martinez more than 2 years ago

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