David Crichlow
Updated :
As a restaurant manager, knowing the expected cash deposit allows you to verify that your actual deposit (based on your reconciled tills) is accurate and within an acceptable margin of error (total over/under). To view the Expected Deposit:
- Navigate to reports within Qu Enterprise Intelligence
- Run the Summary Report
Image 1: Summary Report
The expected deposit is based on the following equation:
Expected Deposit = Cash Tenders + Paid Ins - Paid Outs
If entering reconciled till amounts within Qu Enterprise Intelligence (Actual Cash – See Image 1), the Summary Report displays your actual deposit. This enables a comparison between the actual cash deposit and the expected cash deposit. The actual deposit is calculated as follows:
Actual Deposit = Cash Tenders + Paid Ins - Paid Outs + Over – Under
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Total Over/Under (or short) is calculated from the values entered when reconciling tills in the Tills section of POS Admin. If you do not add any entries to Qu EI Tills, your Expected Deposit and Actual Deposit will always be equal. Total Over/Short is calculated as follows: Total Over/Short = Actual Cash – Expected Cash |
Image 2: Qu EI Till Reconciliation
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