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Receipts

Published on Nov 19, 2015

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PRESENTATION OUTLINE

1.

Receipts

Mr. Melkonian
Photo by dno1967b
2.

cash receipts

funds taken in from business operations-include all things considered money
Photo by Great Beyond
3.

Cash receipts

  • cheques
  • money orders
  • credit card slips
  • debit card transfers
  • bills/coins
4.

mail receipts

customers mail in a cheque
Photo by Telstar Logistics
5.

over the counter sales

small cash transactions (convenience store)
6.

2 copies of receipt in over the counter

one for client and one for owner
Photo by Glenn Waters ぐれんin Japan.
7.

cash register receipts

point of sale terminals (debit/credit cards usually)
8.

stand alone cash register

not connected to a computer (mental math/calculator)
Photo by Dominic's pics
9.

end of the day

receipts deposited in business bank account
10.

businesses get charged for using debit/credit

2-3% is common for big businesses (which is why we sometimes see cash only)
Photo by JeepersMedia
11.

cash proofs

have to verify accuracy of receipts at the end of each day
Photo by kevin dooley
12.

Untitled Slide

  • Count cash received
  • compare total cash with total in register
  • total should be the same
13.

float money

start with x amount of money to use as change
Photo by @Doug88888
14.

cash short or over

Photo by jeroen_bennink
15.

short - less money than there should be

accident, theft
Photo by m.aquila
16.

current bank account

designed for use by business owners
Photo by ctankcycles
17.

current bank account

  • no interest
  • small minimum charge for each monthly statement
  • bank statement provided each month
  • paid cheques regurned to depositor eac month with statement
  • books of duplicate deposit slips provided free of charge
18.

preparing business deposit

Photo by Mal B
19.

bills sorted by denomination

Photo by Great Beyond
20.

coins rolled in a wrapper

Photo by archer10 (Dennis) REPOSTING
21.

endorsement stamp

(restrictive endorsment)
Photo by classic_film
22.

completed deposit must agree with statement

Photo by takomabibelot
23.

duplicate deposit slip stamped by bank

bank gets original
Photo by @Doug88888

Peter Melkonian