Cash Drawer Accountability

Whenever possible, one employee should be responsible for a cash drawer. For example, at most retail establishments employees remove their drawers at the end of their shifts and the next employees bring their own drawers.

This procedure makes it clear which employee is responsible for the cash in each cash drawer. When two or more employees place cash into the same cash drawer, this simple internal control is corrupted.


Date this Avoiding Pitfall was most recently published: 12/8/2023