Funds

A fund is a collection of payment types and represents logical groupings for cash and other items within a location. Collecting payment types together in a fund allows you to move them all at the same time.

For example, a float bag containing cash and vouchers can be represented in CashDesk as a fund and issued to a POS operator in a single transaction.

Examples of funds that you may want to use:

• Manager's Cash Reserve
• Float Bag 1
• Petty Cash
• Voucher Safe
• Banking Bag XY12345

Fund locations

A fund location is a description of the physical location of a fund.

Examples of fund locations:

• Cash Safe
• Float Safe
• Banking Locked Bag
• Drop Safe

Floats, float drops, and float increases

A float is a fund containing cash and other payment types (for example, vouchers) that are issued to an operator at the start of their shift. Typically you will keep these funds together in a single location.

A float drop is the transfer of cash and other payment types (for example, vouchers, cheques and records of electronic transactions) from the point of sale to the cash room.

A float increase is the transfer of cash and other payment types from the cash room to a point of sale. Float drops and float increases are entered in POS.