Properly counting a cash till at the end of a shift is essential for ensuring accuracy, preventing losses, and maintaining financial accountability. Whether you’re a cashier, manager, or business owner, following best practices can help streamline the process and reduce discrepancies. Here’s a step-by-step guide to efficiently counting your till.
Before starting the count, move to a quiet and secure location. Ensure that all transactions are completed, and no customers are waiting. Gather any necessary tools, such as a till calculator, a cash count sheet, and a secure cash deposit bag.
Take out all cash from the register and separate it by denomination. Organizing the bills and coins beforehand helps with accuracy and speeds up the counting process.
Compare the counted amount to the expected register total. If there is a discrepancy, recount the cash and check for errors before finalizing the count.
Record the final amount on a cash count sheet or enter it into the system. Keep a copy for records and hand over any discrepancies to the manager for further review.
Once counted and documented, place the cash in a secure deposit bag and store it in a safe location or prepare it for bank deposit.
If discrepancies frequently occur, review common mistakes and consider implementing additional checks, such as mid-shift audits or training sessions for staff.
Following best practices for counting a till at the end of a shift can prevent errors and improve efficiency. Using a till calculator, staying organized, and documenting each step will help maintain accuracy and ensure smooth cash management.