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Daily Cash Drawer Count Out and Balancing FormAn OP1 with the Startup Section completed should always be kept in the cash drawer.DATE NAME STORE # / CITY INITIALS Confirming Drawer Start Amount DRAWER
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The daily cash drawer count is a procedure where a business counts and records the total cash in the cash drawer at the end of each business day to ensure accuracy and accountability.
Employees who handle cash, such as cashiers or managers, are typically required to file the daily cash drawer count.
To fill out the daily cash drawer count, one should list all cash denominations, total the cash, compare it with the sales records, and record any discrepancies.
The purpose of the daily cash drawer count is to verify the amount of cash on hand, identify discrepancies, ensure proper cash management, and prevent theft or fraud.
Information that must be reported includes the total cash amount, breakdown of denominations, date, signature of the person conducting the count, and any discrepancies found.
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