townie
Premium Member
i think it was just p/up, bank of excess, re-issue of float. back in the day, the safe was ALWAYS kept at it's authorised holdings. my SSO still takes money out of pickups to balance short-banksYeah, it's a lot of work to do every day for no real benefit I think. I don't think it's anymore effective tracking cash over a day than a week... back in those days didn't the operators have to foot shortages?
Also technically speaking the money in the floats is Armaguards as we have to bank to them the total float every Monday.... if we reissued floats every day wouldn't we have to bank the floats everyday? That's a lot of money - our floats are 45k. Or am I just being crazy? lol, or did they just pickup everything in the till so it was 0, then reissue the value of the spotcheck and have the safe out each day and then short/overbank it? Doesn't make much sense to me! Haha.
(i.e. if she shortbanks $11.00 for postage, at the next pickup of say $8000, she will only bank $7989, and add the $11 back to the safe)