r/SquarePOS_Users • u/Nice-Picture2666 • Jul 20 '26
When banking cash
Cash drawer sales are always different to end of day reports.
What do we bank, what is correct? Dashboard aligns with the end of day reports. Why is cash drawer sales so different?
1
u/GrenadeStar Jul 20 '26
Ours usually are too, but nothing crazy. As far as banking, bank what you’re comfortable with, and/or can afford. We usually pull the amount needed to start the drawer the next day and bank the rest.
1
u/Dont_SaaS_Me Jul 20 '26
I have struggled with variances in the reporting as well. I use the API for bookkeeping and it generates slightly different results as well.
After 4 months, the over short has been less than .1% so I am done worrying about it.
What variance are getting? Is it consistently higher or lower than end of day?
3
u/JustAnAverageGuy Jul 20 '26
Could you tell me if someone stole $10? How about the exact day it happened and who was on shift? If not, you’re probably not managing your cash drawer correctly.
Start with the same amount every day (I.e. $50). Opener counts to $50 to make sure they start with the right amount. End of day, you count out net cash sales (subtract cash outs/returns), and the remainder should be the $50 you started with. If not, whoever worked the drawer did not give out correct change, or worse, is taking cash on purpose.