Daily Cash Handling Procedure ( OPERATIONS )

This checklist ensures that cash handling procedures are followed correctly on a daily basis to minimize errors and enhance financial accountability. It covers the collection, counting, and reporting of cash in operations.

• Collect Cash from Registers

  Gather all cash from the registers at the end of the operating day for counting.

• Count Cash Accurately

  Count the cash collected carefully, ensuring that all denominations are accounted for.

• Verify Against Sales Records

  Compare the counted cash with the total sales recorded in the system to identify any discrepancies.

• Document Findings

  Fill out a cash handling report detailing the amount collected, any variances, and the reasons for them.

• Secure Cash in Safe

  Place the cash into a secure safe to protect it until it can be deposited.

• Prepare Deposit for Bank

  Prepare the cash deposit slip and package the cash securely for bank deposit.

• Schedule Bank Deposit

  Plan a time for the deposit to be made at the bank, ensuring it aligns with the bank's operating hours.