Thursday, September 30, 2010

CASH SECURITY IS IMPORTANT FOR ORGANISATION TO RUN AND FOR JOB SECURITY!

Individual basic procedure must be followed when accepting cash on behalf of the organisation .Cash is the most precious aspect for an organisation to run.Whether it is not for profit or profit enterprise.
Those employees who entitled to handle cash should follow proper procedures when dealing with cash acceptance in all payments.
Cash security is the responsibility of to workers who deal with cash in an organisation to precisely handle all cash from customers and also ensures the cash is well balanced.
Opening of business daily for those who work in sales departments or other sectors.Before you open the shop check that there is no signs of any break in.If any are suspicious call the police .Inside the shop before touch anything check again for anything in assault.
Closing of business daily do your routine regular check ups ,thus:On closing check that all lights and switches are switched off.Empty all cash registers or tills and leave them open.Ensure all windows and doors are secured .Check from outside to make sure and double sure that all things are in correct order.Before you left make sure that no one is left inside.
The importance of cash security are that:
The organisation will able to meet its objectives and will remain viable .
Mutual trust between the employer and employee will be enhanced.The employee who manages cash properly will be promoted to other higher positions within the organisation.
How to ensure that cash security is properly maintained?:
♦Don't let workers to be talkative when accepting cash on behalf of the organisation as this will affect the concentration.The worker might not given the said cash from the customer or not give the customer change.
♦Always ensure that cash drawer is locked when going either to lunch or performing other duties
♦Don't be too faster or too slow when operating cash register as this will led to boredom to the customers and don't operate your mobile phone when you are receiving cash as this will affect you conscience.
♦Avoid asking clients/customers too much as this will disrupt your operation system.
♦When operating avoid your other workmates to disturb you as this will lead to dishonest among yourselves.
♦Don't allow any cash to be taken from your cash register without any proper documentation that will remain as your exibit.
♦Ensure that customers are served well and given correct change as well as your records that will remain with the organisation.Ensure that you have excessive cash that will be your mini banking.
♦If you are working in a closed environment ,it is ideal that you lock the door of your room while you are at rest possibly reading a book or newspaper.
♦Have a clear understanding in all the hardware and software that are used on the cash registers and you must be familiar on all codes that are operational in your organisation.
♦All mistakes that are overcharging refunds,incorrect change or improper use of codes so that goods not fall in actual category should be done by the said managers or supervisors .
♦Cash security in this regards should be properly implemented ,hence it is very important for someone to exercise caution when handling cash for the organisation.

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