How often is the cash register emptied?

[abm]

What is the usual process for dealing with the cash from daily sales? Do retailers usually have an employee deposit the cash at the bank every day after closing itme?

 

[Draugen]

What is the usual process for dealing with the cash from daily sales? Do retailers usually have an employee deposit the cash at the bank every day after closing itme?

Are you planning on robbing me? :|

 

[Connections_Media]

Are you possibly planning a robbery??

 

[sellickbhoy]

i usually bank about 1500 daily in small unmarked bills and coins

i send my partially sighted, deaf elderly employee to deposit the money into the night safe box at my local barclays at 7pm - you can usually see her doing this about every night on the High Street, Lowestoft.

I'm sure she'll be able to help explain any other parts of the daily banking process if you were to meet her

Oh, and she has a weak heart so don't rush up and surprise her as she'd just keel over

hope that has helped

 

[zimple]

There could one heck of a sad coincidence about to happen to the unsuspecting 85 year old just about to close up, collect her cane and deaf aid and take the sack to the bank in Lowestoft this evening!

 

[Jheath]

Tills need to be "cashed-up" at the end of each day, this means the takings are reconciled against a printed report called a Z Read (which zeros the till ready for the next day).

Depending on the store and the amount of cash, regular "lifts" are taken during the day. This means the bulk of the high value notes are removed to a safe together with a print out from the till called an "X read". This shows the daily takings upto that point, and also serves as a record of the date and time the lift was done.

Tills very in their operation but that's the basics - hope it helps!

Obviously stores have robust procedures for securing cash which they are unlikely to discuss (see above posts) for obvious reasons. Talking to your insurers and your bank should provide the info you need to put the right procedures in place for you.

 

[abm]

thx that was helpful

 

[zimple]

Our cashiers count to confirm cash in till at start of their shift and then take this to the till and login. At end of shift they Z (zero) the till and new cashier brings in new till.
The one ending their shift reads takings from the till and then counts till takings and reconciles takings with till contents accounting for any discrepancy.
Till is then locked away before manager makes up new till and puts extra cash into safe.