Daily Cash Handling Procedure ( OPERATIONS )

This checklist ensures that cash handling procedures are followed daily to maintain financial integrity and security within the operations.

• Count Cash at Start of Day

  Ensure all cash drawers are counted before operations begin. Document the total amount.

• Verify Cash Deposits

  Check that all cash deposits from the previous day have been made to the bank. Confirm with bank statements.

• Record Daily Sales

  Accurately record all sales transactions in the financial system to ensure proper cash flow tracking.

• Monitor Cash Flow

  Track any discrepancies between expected and actual cash flow throughout the day. Investigate any differences immediately.

• Conduct Midday Cash Check

  Perform a cash check halfway through the day to ensure all cash is accounted for before the end of the business day.

• End of Day Cash Reconciliation

  At the end of the day, reconcile the cash drawer with sales records. Document any variances.

• Secure Cash Overnight

  Ensure that all cash is properly stored in a safe or secure location at the end of the business day.