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CASH & BANKING · 5 min read

A clearer cash reconciliation routine

Connect what was collected, what’s held and what reached the bank.

01 / Start with the opening balance

Begin with the cash carried into the day. Give every driver a recorded opening position so collections and banking can be reconciled against the same starting point.

02 / Separate sales from collections

A sale and a cash collection are different events. Record each against the customer and keep payment timing visible. This makes it easier to understand unpaid balances and cash actually held.

03 / Connect banking to its evidence

Attach the deposit reference and supporting receipt to the banking submission. Review the submitted amount against the driver’s recorded position, then record the outcome.

04 / Resolve differences while the detail is fresh

Keep a named owner, a reason and a follow-up action for each discrepancy. Carry unresolved differences forward visibly; avoid quietly changing balances to make the totals match.

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