Being a cashier at an organization is not an easy task. It involves a lot of calculations and transactions, in short, the cashier has to deal with money all the day, every day. While handling cash of the organization, it all comes down to his integrity and honesty. But an organization cannot rely on the honesty all the time, they must take appropriate measures to check whether the transactions being made are authorized or not and of course that whether these transactions are being recorded properly or not.
In simpler words, this sheet is most useful for the business owners who have delegated the monitoring and recording of sales and expenses to a cashier. The closing cash register can ensure that the money received and sent is handled responsibly well and all the bills and even the coins are honestly added to the bill.
A company can ensure the honesty of the employee by keeping a closing cash register. This register has a lot of other beneficial functions as well. Some of which include a complete record of the day-to-day cash activity log, which can be summed up at the end of the day and it is a sort of backup plan in case the organization loses the balance sheet. So, the entities who want to keep a tracked record of all the sales daily can use the closing cash register in the best possible way. The companies who have hired more than one cashiers are the ones who need this spreadsheet the most.
This sheet can help them in the prevention of cheat, fraud or burglary, even when the manager is away. No matter how small or big an organization is, it will always need a closing cash register to keep a record of cash handled by the cashier. So, instead of drafting a sheet every day, the best way is to use a ready-made template format. It will be easier to use and will ensure that a professional pattern is being followed.
Closing Cash Register Template
File Size: 20 KB | Format: MS Excel