Cash Drawer Basics
Learn the basics behind each cash drawer.
Each cash drawer will appear on your Point of Sale with several key metrics. Keep reading to discover the basic terms associated with each of your cash drawers.
Example Cash Drawer on the POS
Let's take a look at an example cash drawer:
The date listed at the very top corresponds to the date the cash drawer was opened.
Below that is the name of the device that the drawer was opened on. Typically, this will correspond to the device that is utilized as your shop's register and is a host device for a physical cash drawer.
Below that is a set of line items. Let's break these down individually:
Starting Time
The starting time corresponds to the time the drawer was opened.
Starting Cash
This refers to the amount of cash that was counted in the drawer at the time the drawer was opened.
Pay In/Out
Pay Ins and Pay Outs are types of cash drawer events that involve either paying in or removing cash from the drawer.
An example of a Pay Out is an employee needing to run to the grocery store to pick up an ingredient, and an example of a Pay In would be marking the change they bring back after making the purchase.
The amount displayed next to this field is the net pay in/out amount for the drawer.
Cash Sales
This is the amount of cash sales that have been accepted on that particular device since the drawer was opened.
Expected in Drawer
This amount takes the Starting Cash amount, adds the net Pay In/Out amount, and adds the Cash Sales amount to give you a live Expected in Drawer amount.
Close Amount
This is the closing amount of cash counted at the end of a shift/day.
Cash Remaining
This is the amount of cash that will remain in the drawer for the following day.
Expected Deposit Amount
This refers to the Expected in Drawer Amount minus the Cash Remaining amount, and estimates the expected cash deposit that will be taken to the bank at the end of the day.
Deposit Amount
This is the actual deposit amount counted and taken out of the drawer to be deposited at the end of a day.
Events
Below the line items, you can see a list of cash drawer events with the corresponding employee listed that certified those events and timestamps: