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Cash Management

Cash Management​

Slide 56

Objectives​

Objectives

At the end of this session, you will be able to:

  • Understand the modes of cash management operation (Closing Float, Empty, Leave)
  • Understand and execute the various cash management functions
  • Execute cash management functions at the POS or Back Office
  • Configure cashup and closing float settings
  • Configure safe cashup and banking
  • Understand cash management reporting

Practical Exercises

  • Cash Up Configuration Exercise
  • Cash Up Operations Exercise

Cash Management Operations and Configuration Topics​

Cash Management Modes

  • Closing Float - cash is counted and a closing float remains in the till
  • Empty - the till is fully emptied at cashup
  • Leave - cash is left in the till without counting

Cash Management Operations

  • Terminal Cash Management - float, pickup, expense, spot check, and cashup at the terminal
  • Safe Cash Management - safe-level cash management and banking
  • POS and Back Office Operation - operations available from both POS and Estate Manager

Configuration Topics

  • Location Configuration - cash management settings at location level
  • POS Terminal Configuration - terminal-level cash management settings
  • Tender Configuration - cash management settings on the tender record
  • Menu Configuration - cash management menu items

Exercise 6 - Cash Operations​

Carry out the following Cash Operations on your POS:

  1. Float (add 500 kr. Cash)
  2. Expense (1000 kr. Cash)
  3. Spot Check; how much does the POS think is in the Cash Drawer
  4. Pickup (take 2500 kr. out)
  5. Cashup and Closing Float - Leave 1500 kr. float; Cashup the rest; Do you get a discrepancy warning? Why/Why not?
  6. In the EM, check your terminal history. Can you see the transactions you processed?
  7. What is the status of the Cash Session(s) for your POS Terminal? Why?

Exercise 7 - Cash Management Configuration​

  1. Configure the Cash Management Settings on your TRAINx Tender Type
  2. Set the Tender type so it can be Floated and Cashed Up
  3. Set the Tender Type so it is entered by Denomination
  4. Set a Safe and Terminal Discrepancy threshold of 100 kr.
  5. Save and broadcast
  6. Try some Cash Management functions on your POS. Is your tender available or not? Why?
  7. What happens when you select your tender for a cash management function? When could this be useful?

Further Reading​

For additional information and further reading on Cash Management, please see the following guides:

DocumentDescription
How to: Configure Terminal Cashup and Closing FloatConfiguring terminal cashup and closing float settings
How to: Configure Terminal Cashup and EmptyConfiguring terminal cashup and empty mode settings
How to: Configure Tender BagsConfiguring tender bags for cash management
How to: POS Terminal Cash ManagementUsing terminal cash management functions at the POS
How to: POS Safe Cash ManagementAccessing safe cash management and inventory via the POS header
How to: Configure Cash Management Income and ExpensesConfiguring cash management income and expense types
How to: POS Cash Management ReportsGuide not yet available