FI 007 - Finance - Cash Float

Hotel Finance – Cash Float – SOP

FI 007: Cash Float


Objective:

To guarantee the cash float safety and ensure that the cash float amount is adapted to the activity of the related outlet.

“…The contradictory counting and possible discrepancies are formalized and countersigned in a proper cash float transfer book maintained on permanent basis at the float’s location. At shift-end, the incoming cashier should count the float to be handed to him by outgoing cashier with both cashiers signing the transfer book…”

Includes:

– SAMPLE AGREEMENT (HOUSE BANK AGREEMENT)


Details:

File Size: 23 KB
File Format: Word
Print Length: 04 pages
Publication Date: September 19, 2016
Language: English
Editable: Yes

The finance (sometimes called accounting) department function is recording financial transactions, preparing and interpreting financial statements and providing management with timely report and operating results.