Till Banking

The Till banking system can be used to achieve the following:

• Balance the transactions taken against a till with the cash counted in the till.

• Account for the totals of each tender types received through a till including EFT, Vouchers, Credit cards and Cheques.

• Produce till balancing reports.

• Produce bank deposit reports, including cheque listing and deposit summary.

• Make postings to the General Ledger for Cash banked, EFT, Vouchers, under and over adjustments and float money.

• Make postings to the Cashbook for money banked and EFT totals.

• Control the start and finish of a banking batch against a till where multiple points of sale utilise the same till.

• Collate data for multiple tills in the same banking.

As you can see this system is capable of quite a lot. How you set this system up and what you get out of it is dependant on your approach.

Related Topics:

• Tills

• Balancing a Till

• Banking a Batch