Daily Cash Management Checklist ( OPERATIONS )

This checklist ensures that daily cash management tasks are completed efficiently, accurately, and consistently to maintain financial integrity and operational smoothness.

• Verify Daily Cash Balance

  Check the cash balance at the beginning of the day against the previous day's closing balance.

• Record Cash Transactions

  Document all cash receipts and disbursements for the day in the cash management system.

• Reconcile Cash Drawer

  Ensure that the physical cash in the cash drawer matches the recorded cash balance at the end of the day.

• Prepare Daily Cash Report

  Compile all cash transactions and prepare a daily cash report to summarize cash inflow and outflow.

• Deposit Cash Surplus

  If there is any surplus cash beyond operational needs, prepare and schedule a deposit to the bank.

• Review Cash Management Procedures

  Check compliance with cash handling policies and identify any areas for improvement.