4 tips on how to close a cash register

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1. Note the beginning cash balance
Before you even start recording the day's sales, remember to check your beginning balance. This will be used later to calculate your end-of-day balance.

2. Record all entries and exits made during the day
This is an essential step for the overall control of your company. Be sure to record all cash-related transactions, such as:

Sales made: identify what was sold, the payment method and the amount.
Refunds : Was any money taken from the cash register and returned? Remember to record this as well.
Reinforcements : if you have added any money from outside the cash register, as ghana phone number library possible change, you must make a note of it.
Cash withdrawal : Did you need to withdraw an amount that was not planned? This is considered cash withdrawal and also needs to be recorded in detail (amount, date and reason).
3. Hold the conference at the end of the day
Every day, at the end of your workday, review all the values ​​you have written down. This is important to identify any errors and correct them in time, while the information is still fresh in your mind.

Therefore, check whether the money in the cash register matches the sales recorded, invoices issued or expenses paid.