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END OF DAY COLLECTION FORM Child's Name: Class: Please complete the table below with a tick to show the end of the day arrangements for the collection of your child. Permission to walk homePermission
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How to fill out end of day collection

How to fill out end of day collection
01
To fill out the end of day collection, follow these steps:
02
Gather all the necessary information and documentation, such as sales receipts, invoices, and any other transaction records.
03
Calculate the total sales for the day by adding up all the sales receipts. Make sure to include both cash and credit card transactions.
04
Deduct any discounts, returns, or refunds from the total sales to get the net sales for the day.
05
Count the cash in the cash register and record the amount. Make sure to include any petty cash or change funds.
06
Verify the credit card transactions by reconciling the batch totals with the merchant service provider's report.
07
Check for any discrepancies or errors in the sales records and correct them if necessary.
08
Prepare a summary report with the total sales, net sales, and payment breakdown (cash and credit card).
09
Submit the end of day collection report to the designated person or department.
10
Keep a copy of the report for your records.
11
Follow any additional procedures or guidelines specific to your organization.
Who needs end of day collection?
01
The end of day collection is typically needed by businesses, especially those involved in retail or any type of sales activity.
02
It is used to reconcile the daily sales and ensure accuracy in accounting and reporting.
03
This information is important for tracking sales performance, identifying trends, and preparing financial statements.
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