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Features

Cash & Float Management

Every float opened, every variance explained.

Cash is the most vulnerable asset in any retail business. Retail360 builds discipline into the cash-handling process: cashiers open a register by declaring a float, cash movements are recorded through the shift, and close-of-day requires a counted cash declaration before the till is signed off. Variances surface immediately, so an honest mistake and a missing note look different.

  • Register setup
  • Opening float
  • Cash-in / cash-out
  • Shift reconciliation
  • Variance reporting
  • Multi-cashier registers
  1. 1Open a register with a declared float
  2. 2Record cash movements through the shift
  3. 3Count and declare at close
  4. 4Investigate variances with a full shift log
  5. 5Run multiple registers simultaneously
  6. 6Review the daily cash summary for the branch
1

Open a register with a declared float

Before serving the first customer, the cashier declares the cash they found in the till. That opening float is recorded against the register session and becomes the baseline for the entire shift’s reconciliation.

2

Record cash movements through the shift

Any cash added or removed from the till between sales — a change fund top-up, a petty-cash payment, or a cash handover to a supervisor — is recorded as a named transaction with a reason and a timestamp, so the expected closing balance is always calculable.

3

Count and declare at close

At end of shift, the cashier counts the cash in the drawer and declares it denomination by denomination. The system compares the declared amount to the expected balance — opening float plus cash receipts minus cash-outs — and presents the variance in seconds.

4

Investigate variances with a full shift log

A supervisor reviewing a variance can open the full shift log: every sale, refund, cash-in, cash-out, and the timestamps of each. Pattern discrepancies stand out, honest mistakes are provable, and the record is available at any later audit.

5

Run multiple registers simultaneously

Large stores can run several registers in parallel — each cashier opens their own session with their own float, and all sessions feed into the branch’s daily cash summary. Supervisors see the status of every open register from one screen.

6

Review the daily cash summary for the branch

At the end of the day, the branch cash summary aggregates every register session: total cash received, total non-cash, variances per register, and a net figure for the bank deposit. One print takes the data to the bank slip without any manual adding up.

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