Daily Cash Reconciliation Checklist ( OPERATIONS )

This checklist is designed to ensure that all cash transactions are accurately reconciled on a daily basis to maintain financial integrity and avoid discrepancies in cash management.

• Collect Cash Register Tapes

  Gather all cash register tapes from each cashier for the day.

• Count Physical Cash

  Physically count the cash in the register and ensure it matches the total on the register tape.

• Record Cash Sales

  Document all cash sales from the register tapes in the cash reconciliation log.

• Compare with Bank Deposits

  Verify that the cash counted matches the amount deposited in the bank for the day.

• Investigate Discrepancies

  If there are any discrepancies, investigate the cause and make necessary adjustments in the records.

• Complete Daily Reconciliation Report

  Fill out the daily cash reconciliation report summarizing the cash count, sales, and discrepancies.

• Submit for Review

  Submit the completed report to the finance manager for review and approval.