Point of Sale - Payment - Cash Management

Introduction:

This article provides an overview of how to view and update your Cash Management settings. Utilize a straightforward tone and approach for the best results.

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Step 1: Access your new order screen and either tap the drop-down arrow (a) or slide down the setting bar (b) to proceed.



Step 2: Select "Payment". This will open a menu with various payment-related settings.



Step 3: In the Payments menu, click on Cash Management. This section allows you to manage and monitor your cash flow.



View Cash Register Details:



a. The Cash Register section displays the current cash register.
b. Previous Day's Closing Balance: Shows the closing balance from the previous day.
c. Estimated Cash in Drawer: Displays the estimated cash available in the drawer.
d. Opening Till Balance: Indicates the opening balance for the day.


Manage Pay In / Pay Out:

Use the Pay In / Pay Out section to log any cash added to or removed from the register.



Pay In: Click on this to add cash to the drawer, then fill in the necessary details.



Pay Out: Click on this to remove cash from the drawer, then fill in the necessary details.



Open Till Balance: Click on this to adjust the opening balance if needed.



Close: Use this option to close the till at the end of the business day.





Access Cash Logs:

In the Cash Logs section, select a date to view detailed logs of all transactions involving the cash register such as time, name, reason, pay-in, and pay-out details.



Monitor Employee Tips:
Employee Tips displays a table listing each employee, along with their recorded cash and non-cash tips.





Conclusion

Managing cash flow is essential for the efficient operation of your business. By following these steps, you can monitor, log, and manage cash transactions effectively using the provided software interface.


Thorough cash management ensures financial stability and helps in catching discrepancies early, thereby maintaining a smooth and transparent financial process. Always review your cash logs and balances regularly to keep operations running seamlessly.

Updated on: 10/18/2024