9.7 Cash handling

Cash handling is one of the important aspects of operations. The first and last thing to do in retail is to check the cash register.


Most brands use POS (point of sale) system, a technology that handles daily sales and inventory management. You have to ensure that the daily takings are recorded. This includes cash, credit/debit cards and vouchers reconciliations.  


If a discrepancy occurs, do resort to manual counting to cross-check the numbers.