Cashing out a register requires you to compare your daily sales, according to your register journal tape, with the total cash, check and credit transactions. Most businesses require cashiers to cash out the register at the end of a shift. The general process is pretty much the same for most businesses. You must give an accurate total and make sure you account for all transactions during your shift to avoid any discrepancies.
Items you will need
- Deposit bag or pouch
Run a register journal or receipt tape. The receipt or journal tape will give an accurate reading of the transactions performed on the register. Running a journal tape may take a few minutes to complete. The tape will show individual totals for each transaction type.
Use your calculator to calculate your totals of all credit, check and cash transactions. Add the totals more than one time to ensure accuracy.
Compare each total with the total amount on the journal tape. For example, if your tape suggests that you have $934.15 in checks, make sure you have the same amount of checks in your register. Subtract the "voids" or any other deductions that were performed on the register. Cash out of your register when everything balances out with the totals listed on the journal tape.
Verify the accuracy of all of your totals and place the cash, checks and credit slips in your deposit bag.
When counting out the cash, start with the largest bills and count down ending with the pennies.
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