Balance and secure point-of-sale terminal

unit name:

Balance and secure point-of-sale terminal (SIRXFIN201)

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eLearning only

$60.00 excl. GST

eLearning + Credit

$250.00 excl. GST

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Unit Description

This training covers the performance outcomes, skills and knowledge required to balance and reconcile a register or terminal in a retail environment.

The skills include:

  • Clearing the register
  • Counting money
  • Calculating non cash transactions
  • Reconciling and recording takings

Learning Outcomes

By the end of this training course, participants will:
1. Balance and secure takings from register or terminal 1.1 Perform register or terminal balance at designated times according to store policy and procedures.
1.2 Separate cash float from takings prior to balancing procedure and secure according to store policy.
1.3 Supply change to register or terminal according to store policy.
1.4 Obtain and interpret register or terminal reading or print-out.
1.5 Secure cash and non cash documents according to store security policy and procedures.
2. Reconcile takings 2.1 Count cash accurately.
2.2 Calculate non cash documents accurately.
2.3 Determine balance between register or terminal reading and sum of cash and non cash transactions.
2.4 Report discrepancies between register or terminal reading and sum of cash and non cash transactions to relevant personnel according to store policy.
2.5 Record store and individual department takings and file records according to store policy.

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