Workflow Templates: End-of-Day Sales Reconciliation Checklist

End-of-Day Sales Reconciliation Checklist

Count the cash drawer and record total sales from cash transactions

Compare the counted cash to the expected cash total from the POS system

Investigate and record any discrepancies between actual cash and expected totals

Verify all credit and debit card transaction receipts

Match the POS system's card transaction totals with the payment processor's report

Address any chargebacks or disputed transactions

Review and verify the accuracy of all sales transactions

Check for any voided or comped items and ensure they are accounted for

Confirm that all coupons, discounts, and promotions were applied correctly

Update inventory levels based on the day's sales

Note any discrepancies between actual inventory and POS system data

Record wastage and returns, adjusting inventory levels accordingly

Calculate the total amount of tips collected from card transactions

Distribute tips to staff according to the restaurant's tipping policy

Ensure that all employees sign off on their tip amounts

Generate end-of-day sales report summarizing all transactions

Create detailed reports for each revenue center within the restaurant

Prepare a consolidated report for management review