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A cash drawer is usually a compartment underneath a cash register in which the cash from transactions is kept. The drawer typically contains a removable till. The till is usually a plastic or wooden tray divided into compartments used to store each denomination of bank notes and coins separately in order to make counting easier.
Automated cash handling is used by banks, retail stores, check-cashing outlets, payday loan/advance providers, casinos, and more. This process is facilitated through the use of specially designed hardware and software, with the primary goals of preventing loss, deterring theft, and reducing the need for constant manual oversight of cash operations.
Cashier balancing [1] or cashing up is the process of a cashier counting the money in a cash register at the end of a business day or working shift. The process is usually conducted in businesses such as grocery stores, restaurants and banks, and makes the cashier responsible for the money in their cash register.
This page was last edited on 29 January 2014, at 03:13 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
A bank teller (often abbreviated to simply teller) is an employee of a bank whose responsibilities include the handling of customer cash and negotiable instruments. In some places, this employee is known as a cashier or customer representative. [1] Tellers also deal with routine customer service at a branch.
Antique three-column full-keyboard cash register Old National Cash Register on display at the Museo de la Secretaría de Hacienda y Crédito Público in Mexico City. The company began as the National Manufacturing Company of Dayton, Ohio, and was established to manufacture and sell the first mechanical cash register invented in 1879 by James Ritty.
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