What you need:
⎫ Deposit Card
⎫ (2) Shift Cards
⎫ Deposit folder or Envelope
How to:
1. Grab all required materials
2. Fill out shift card for corresponding POS
3. Place coupons, refunds, etc. in deposit folder or envelope
4. Log in under your code
5. Click new sale without guest
6. Go to functions tab
7. Select the pink button entitled “Drawer Finish” enter David’s code
8. Count the amount of bills and coins in the drawer and enter them in the corresponding amount (ex: you have 20 quarters; enter 20 in the quarter section)
9. Once you are done hit process
10. Once the receipt has printed you will need to look at the drawer finish, which is located at the bottom of the receipt. Once you see the total you will want to subtract $200 from it. The difference will be the amount of cash you take out from the drawer and place in the deposit (ex: drawer finish $439.12 So, $439.12- $200= $239.12 which makes the deposit amount $239.12)
11. Take out deposit amount and place it in the deposit folder or envelope
12. Grab deposit card and fill in the information from shift card and deposit amount
13. Staple shift card, drawer start, and drawer finish together and then place it in deposit folder or envelope
14. Repeat Steps 2- 12 for second POS
15. Calculate the drawer finish, cash deposit, and discount amounts on the deposit card
16. Complete the declaration (See page for how to)
17. Place all papers and cash in the deposit folder or envelope and drop it into the safe. If you are
The procedures that need to be followed when retrieving information for paper based information consist of finding out whether you are allowed access to the information, finding out where the information is stored if you are allowed access to it, looking for the information, taking it from its storage place remembering how it was stored for when the information is to be put back. The procedures that need to be followed when deleting information for paper based information consist of finding out if the information is confidential or not normally something that is confidential has address or names on it, if the information is confidential then it needs to be cross-cut shredded if the information is not confidential then it can be shredded normally. The procedures that need to be followed when archiving information for electronic based information consist of checking to see if the information contains legal information or long-term business obligations, checking to see if there is more than one copy of the information, if there is more than one copy of the information check to see if the extra copies can be deleted, if the
Philosopher and educator Paulo Freire once said, “Education either functions as an instrument which is used to facilitate integration of the younger generation into the logic of the present system and bring about conformity or it becomes the practice of freedom, the means by which men and women deal critically and creatively with reality and discover how to participate in the transformation of their world.” In Freire’s work of “the Banking Concept of Concept”, he describes how the education system is failing to help student find success in the real world as well as it provides a framework for the “teachers” to oppress the “students” through the distribution of power.
When starting your petty cash fund for your office, make sure you should put in enough cash that you are not replenishing it every other day. You should open it with at least fifty to one-hundred dollars, evaluate the amount for a while to see if you are replenishing before bills are being paid in the office. If this is the case then maybe you should add more cash so that the fund does not run out before the bills are due. Some offices will have a fund for One-hundred dollars up to one-thousand dollars, which ever suits your offices spending habits.
Before starting, make sure the balance is zeroed. Then get 3 out of the 15 pennies and place them on the scale. Record the result.
Each Friday, the cash clerk records the amount of cash receive and deposit the money in the bank account. Each quarter, the controller requests information from the bank necessary to prepare bank reconciliation.
Record the number of drops placed on the penny until it overflowed each time onto a table as shown below.
Before the advent of the Federal Deposit Insurance Corporation (FDIC) in 1933 and the general conception of government safety nets, the United States banking industry was quite different than it is today. Depositors assumed substantial default risk and even the slightest changes in consumer confidence could result in complete turmoil within the banking world. In addition, bank managers had almost complete discretion over operations. However, today the financial system is among the most heavily government- regulated sectors of the U.S. economy. This drastic change in public policy resulted directly from the industry’s numerous pre-regulatory failures and major disruptions that produced severe economic and social
The relationship between the teacher and the student can be associated with two different methods of learning. Paulo Freire suggests the “The ‘Banking’ Concept of Education”, in which the teacher “fills the account” of the student with information and knowledge they have (318). Freire also explains the concept of “problem posing” learning that contradicts the “banking” concept. This way helps the student become more involved with their education, and they are able to become a more well-rounded student. But Freire ignores to add any supporting detail to his points based on how a student feels about each method of education. Determining the best way of an education is all
The math teacher was babbling on about how this specific formula worked and halfway through her example I noticed that she had made a mistake. I hesitated a hundred times before raising my hand. It felt almost wrong because usually no one spoke up unless they had to go to the bathroom or get a drink which we all know that was just an excuse so we didn’t have to hear the teacher talk about something we weren’t interested in at that moment. According to Freire, we were taught within the banking system of education to accept our ignorance as justifying the teacher’s existence (319). In other words, students were “trained” in a way to keep
I believed financial sector is one of the fastest growing and most influential elements in our modern society and economy. Financial professionals help companies and organizations stay on top of their own finances, which is a top priority in the wake of the recession. The growing of financial services in the world has brought massive opportunities to utilize newer principles, methodologies, tools and practices in the field of finance. It is this challenging field in which I would like to gain expertise.
I called into North American Saving Bank. I was on the phone following the steps to get to the Deposit and Saving Department. The initial person I spoke with after 2 minutes and 10 seconds of being on the line pressing Option 3 and then Option 4 was a male employee that answered the line and said, deposit and savings how can I help you. I let him know I was calling to speak to someone about options that were available for me to set up additional retirement savings options. I let him know that I wanted to see what options I had available and he replied, for IRA. I let him know that I was not familiar with any retirement savings option. I let him know I did not know much beside my 401K that I have, and he replied, ok. He then stated let me
She pulls out a new crisp one dollar bill and inserts it in the machine.
Bank of America is a banking and financial service industry located in Charlotte, North Carolina. If you would like to access the internet address for Bank of America, then you can click on this link provided https://www.bankofamerica.com . Its primary SIC Code is 6021 – National Commercial Banks, and its primary NAICS Code is 522110 – Commercial Banking. The Bank of American provides many goods and services for its customers such as banking, credit cards, loans, and investments. Every day Bank of America is competing against many competitors but JPMorgan Chase and Wells Fargo are some of the largest. Bank of America’s stock exchange ticker symbol is NYSE: BAC. The external auditor is PricewaterhouseCoopers LLP in Charlotte, North Carolina.
helps a person to manage his personal finances and also to describe the three products of
Finally, we also observed that the cashier deposits mail receipts in the bank weekly. The internal storage of cash on the premises of the Company is not advisable for obvious reasons- theft, robbery, and unauthorized access. Employees with other intentions can alert external cohorts to raid or rob the Company at night or at another time to gain access to the cash stored on the premises. Additionally, the storage of the cash on the premises presents a "working hazard" for the employees as outsiders wanting to gain access to the cash may subject them to unwanted raids. The use of a bank on a daily basis contributes significantly to good internal control over cash. The company can safeguard the cash on a daily basis by using a bank as a depository and