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Money & margins

Cash float

The cash float is the money you put in the drawer at the start of a shift so the cashier can give change. It is counted in at open and counted out at close, and it is never counted as sales.

Also called: opening float · starting float · till float

Getting the float right is unglamorous but it is what makes end-of-shift reconciliation meaningful. If the opening amount is guessed or not recorded, the closing count cannot be compared to anything, and any shortage is invisible.

Keep the float consistent — the same amount every day, in a known mix of notes and coins. A fixed float makes discrepancies obvious immediately, whereas a float that changes daily gives cover to small, repeated losses.

Mid-shift cash movements need recording too. Money taken out to pay a supplier, or added because the drawer ran short of change, will otherwise look exactly like a discrepancy at close.

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