Revenue Management
Cash Counts: Enter & Approve
Enter your end-of-period cash counts, highlight any cash variances and set each account's opening balance for next period.
In this article
Introduction
For sites using Revenue Management, entering a count for each cash account at the end of the period highlights any cash variances. It also updates each account's balance ready for the start of the next period.
At the end of every period, you must enter a count for every one of these account types at your site:
- Cash accounts
- Float accounts
- Control accounts
Count as at the period end
Your counts should reflect the cash held at the date and time the period ends.
Counts are entered into Cash Count Sheets, which can be customised to suit how each site counts.
Entering Cash Counts
1
Open the cash period
Go to Period Management > Periods and select Cash Period against the period.
2
Check the period is Pending
The period needs to be in Pending state before you enter counts. Find out more about moving a period to Pending.
3
Open a count sheet
In the Cash Counts section, select Edit against the cash count sheet you want to count.
4
Enter your counts
Enter counts against the relevant denominations.
5
Approve or mark as counted
When the count is entered, select one of:
Approve
The count sheet is fully complete.
Counted
Counting is finished, but the sheet needs more checks before it's approved.
6
Repeat for every count sheet
Carry on until every account is counted and every count sheet is Approved.