COLLECTION PAYMENT- CASH

Policy:

Only authorized employees can handle company cash.
The safe should be used to store all cash in the back office.
Cash should be regularly deposited in the safe.
Cash should be secured under lock and key when not in use.
Two authorized employees should always be present when cash is being removed or returned to a safe.
Two authorized employees should always be present when cash is being transported.
Two authorized employees should always be present when cash is being counted.
The person handling the cash at the front desk should not be involved in putting the cash into the safe.
The person handling the cash at the safe should not be involved in taking the cash to the front desk.
The person with the combination to the safe should not be involved in handling the cash in the safe.
The Daily Cash Sheet documents:
- Names of the people removing and returning cash to and from the safe and cash drawer with dates and times.
- When removing or returning the cash to the safe, it should be counted by two people. Both people sign the Daily Cash Sheet acknowledging that the recorded amount was correct.
- When cash is handed off to the next person in the shift, the person accepting the cash counts the cash and accepts by signing the Daily Cash Sheet.
- The Daily Cash Sheet should be kept with the cash and not be taken elsewhere.
Bank deposit slips should match the Daily Cash Sheet.
Records are kept on file for all cash deposits.

Task

In the Invoice, navigate to 'Collect Payment'
Select 'Cash' for the payment method
In the 'Amount' field, you will see the amount due. DO NOT ENTER THE AMOUNT OF CASH HANDED TO YOU IF OVER THE AMOUNT OF THE SALE. Enter the exact amount of the sale and use the calculator to determine the change.
If change is rendered to the Client, the amount due back to the Client will be in the 'Change' field
Proceed with Checkout