Till & invoicing

Cash count reconciliation

The property that the calculated till balance can be reconciled with the cash actually counted at any time.

An inspector may require the till to be counted and compared against the system. If the amounts do not agree, the difference has to be explicable — straight away, not after a phone call.

In practice that means: float and owner’s drawings belong in the system, not in somebody’s head. The commonest cause of an unexplainable difference is a hand in the till that nobody entered.

Related terms

Cash register inspection (Kassennachschau) An unannounced inspection of till records by the German tax office. GoBD The German administrative rules on how tax-relevant data is to be kept and retained in digital… Z report The daily close of the till — the total of all transactions in a day, sequentially numbered.

These terms in daily use, not in a glossary. The tour shows where each of them turns up in VINORUM — in sixteen units at your own pace.

Start the tour →