Once you’ve got the sales report from your POS system, it’s time to count your coins. You should count cash items, checks, credit card receipts, and other transactions separately when counting cash registers.
In addition, you may keep a certain amount, like $100, in cash registers at the beginning of each shift or day to ensure your employees have enough cash to hand out change to customers. Thus, make sure you deduct your initial cash balance from your current cash balance, for example, minus $100. Then you write down the remaining amount in cash, check, coupon, credit.
After you’ve summed up your credit card receipts, checks, and cash, compare the totals to the report that came out of your POS system. Are they compatible? If so, it’s good to go! If not, you need to dig deeper.