Retail Opening Balance
Retail POS Software > Retail Opening Balance
- After login, a pop-up screen will be open to get opening balance where you can enter your opening balance / petty cash
- The opening balance represents the initial amount of cash available in the cash register or drawer at the beginning of a shift or a business day. It ensures that the cashier has sufficient funds to make change and process transactions effectively from the outset.
- Knowing the starting cash balance helps businesses manage their cash flow efficiently. It allows them to monitor how much cash is being handled during the day and ensure that there is enough change available for customers