Balancing a till is an important part of any front-line cash handling job. In banking this importance is magnified. Balancing your till is vital to your success as a bank teller. An unbalanced till means that money that is not accounted for has either come into, or left, the bank. As a bank teller, your primary responsibility is to make sure all money is accounted for; proper balancing procedures help ensure that happens.
This module will provide you with an understanding of balancing your till.
This course includes an examination.
- Explain the reasons a till may be over, and what you can do to reduce the chances of this happening
- Explain the reasons a till may be under, and what you can do to reduce the chances of this happening
- Discuss the audit process
o Starting cash
o Ending Cash
o Reasons tills are over
o Reasons tills are under
o Cash audit procedure
o Dual control