Ideas for having employees handle cash

[Smallbizmanager]

Hi,

My business transacts in cash and I am trying to wrap my head around how to manage this when I am offsite.

When an outside sales person comes by dropping off cash and I am not around, what is a best practice to make sure my employee deposits the full amount?

Is there some sort of device? I am picturing a cash counting machine that also doubles as a safe. Basically an ATM but those are very expensive.

If you are wondering, we have a bank account but have not been able to move entirely past this cash issue and it is keeping me tied down to the business location more than I otherwise would be.

Thank you!

[turboguy]

One option would be to have something like a numbered receipt pad and require the employees to give each customer who pays cash a receipt and then put up a very noticeable signs that says something like "$ 50.00 in store credit if you pay cash and the employee fails to give you a receipt." That might need some tweaking but you can see the idea.

[Fulcrum]

As Turboguy said, give receipts and just have your employee place all funds received in a safe while keeping tabs on who dropped off how much.

[Kenneth Funk]

Your whole business proceedings are offline? To avoid inconvenience, you can cross check the amount of payment with customer, making those payments.