FTx Cloud POS | Classic Experience: Reconciliation

Reconciliation is the process of closing out a shift and recording the physical tender amounts on hand against the tender amounts recorded by the system. This allows for tracking any discrepancies between system totals and on-hand tenders. Reconciliation takes place in two phases:

Shift Reconciliation: Shift reconciliation compares the cash, card, and other payment types received during a shift as well as any safe deposits to the sales records in the POS system to identify and resolve discrepancies. Each cashier performs this reconciliation at the end of their shift. 

Daily Reconciliation: The store manager validates all shift reconciliations (Register Zs) completed during the day and completes daily reconciliation at the end of the day (or at the start of the next day).