What does each cash movement mean from the register closure report?

Question

What does each cash movement mean from the register closure report?

Setup

• Retail POS on PC or Mac 

Answer

Opening Float

• The amount entered when opening the register
• This should be the amount of cash that you start the day with

Closing Float

• The amount entered when closing the register
• This should match the opening float

Cash In/Out

• Refers to cash deposited/withdrawn from the cash drawer that goes directly to/from the bank

Petty Cash In/Out

• Refers to cash deposited/withdrawn from the cash drawer that does not go directly to/from the bank

Float Adjustment

• Refers to discrepancies between the opening and closing float

Additional Information