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Articles from The Insider’s Report archives go back over several years. Some articles may include date-sensitive information or other information that has changed over time.
Please consult with your advisor or Kallas Company for updated information or if you have any questions.

CASH HANDLING

  • Make sure there is only one manager in the safe during each shift.
  • Incoming and departing managers should both verify the count and report any discrepancies.
  • Cashiers should always count their cash drawer before accepting it and sign off.
  • Only the assigned cashier should be working the register. No one else should have their hands in it.
  • Limit the amount of money in the drawer. Do a cash drop to the safe if cash exceeds a certain amount.
  • The keys for the safe and the cash drawer should be stored in a safe place.
  • If possible, make a daily deposit of cash to the bank. The daily count should match the deposit.

 

 

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