Cash Deposit section records cash that is removed from the store and deposited into a bank or other secure account
Used to document end-of-day or scheduled bank deposits
Does not open the cash drawer and does not affect the active drawer balance
Creates a deposit record for reconciliation and reporting purposes
Cash Deposit is a reporting and reconciliation action, not a drawer operation. It tracks where the store’s cash goes after it leaves the drawer.
Common Use Cases
Daily bank deposits after closing
Mid-day deposits for high-volume locations
Verifying deposited amounts against expected cash totals
Key Difference to Remember
Cash Drop: Moves cash from the drawer to a safe (still in-store)
Cash Deposit: Records cash deposited out of the store (to the bank)