2. Closing the Till

2. Closing the Till

Closing the till is the end-of-day process that finalizes the cash and card amounts recorded for the day. This step is essential for accurate reporting and reconciliation.

1. Access the Close Till Menu

  1. From the main menu, go to Close Till to begin the end-of-day closure process.

2. Enter Cash and Card Amounts

  1. In the Close Till screen, enter the total cash and card amounts collected for the day.

3. Confirm and Close

  1. Tap Close to finalize the till closure. A receipt will automatically print with the till summary, confirming the day’s totals.


Why Closing the Till is Important

End-of-day till closure provides a final record of daily sales and ensures that all transactions are accurately accounted for. It is an essential process for cash reconciliation and daily bookkeeping.



Tips for an Accurate Till Closure

  • Double-Check Totals: Before entering the cash and card amounts, count both carefully to avoid discrepancies in the till report.
  • Record Any Differences: If there is a difference between the till total and the actual cash, make a note of it in the daily records to maintain transparency.
  • Print and Store Receipts: Keep a physical copy of the till closure receipt as a backup and for easy reference during audits.
  • Verify Card Transactions: Make sure all card transactions are processed and reflected in the daily total before closing.
  • Avoid Last-Minute Adjustments: Complete any till adjustments before starting the close till process to avoid errors in the final tally.

By following these steps and tips, you can ensure a smooth and accurate till closure, helping maintain reliable records for your business.


    • Related Articles

    • 1. Adjusting the Till

      Till adjustments allow you to add or remove money from the till throughout the day. This helps keep track of cash flow within the till and ensures accurate records. 1. Access Adjustment Menu From the main menu, go to Close Till Select the Adjustment ...
    • How Mag. Lindsay Digitized Retail & Wholesale with Posterita POS

      Source: https://www.posterita.com/customer/how-mag-lindsay-digitized-retail-wholesale-with-posterita-pos Details Mag. Lindsay Mag. Lindsay, a trusted retailer and wholesaler in Port Louis, offers a massive range of everyday items-from accessories and ...
    • 5. Manual Synchronization with Back Office

      The Get Update feature in Posterita POS allows users to perform a manual synchronization with the back office at any time. While the POS automatically syncs during opening and closing, this feature gives users flexibility to ensure they have the ...
    • How Magic Ice Cream Enhanced Operations with Posterita Fast Checkout POS System

      Source: https://www.posterita.com/blog/how-magic-ice-cream-enhanced-operations-with-posterita-fast-checkout-pos-system Details In the vibrant community of Beau Bassin, Magic Ice Cream has become a beloved fast-food spot, celebrated for its signature ...
    • Transforming Cosmetics and Perfume Retail with Posterita

      Source: https://www.posterita.com/customer/adopt Details Adopt, a premier cosmetic and perfume retail chain with 14 bustling stores, is celebrated for its curated selection of luxury and accessible products. However, as the brand expanded, it faced ...