Register Calculations
Any time you close a register drawer – either during business hours or at the close of the business – you must balance the drawer based on what Meevo expects to be in it. Below are descriptions of how each value is calculated:
Cash TransactionsCash Transactions
- Cash Transactions and Tips Collected can be selected for additional details on individual transactions and tips, respectively.
- Opening cash
- Pay-in / pay-out
- Cash transactions and tax
- Total amount of tips collected for employees
- Expected includes cash transactions, tax, and tips collected.
- Enter Actual is a user-defined field and should reflect exactly what is in the drawer at that time.
- Difference calculates the difference (if any) between Expected and Actual.
Cash left in drawerCash left in drawer
- Enter Actual is a user-defined field.
- This value should be what remains in the drawer for the next user who opens the drawer.
- This value cannot exceed Cash in drawer actual amount.
- Automatically calculated: Cash in drawer (actual) – Cash left in drawer
Other Payments SummaryOther Payments Summary
- Lists all monetary and non-monetary payment methods accepted by the business: credit cards, gift cards, etc.
- Each credit card type can be selected for additional details on transactions of that type.
- Expected is what Meevo has determined should be in the drawer.
- Enter Actual is a user-defined field and should reflect exactly that total value for the day.
- Difference calculates the difference (if any) between Expected and Actual.
- Total Over/Short is automatically calculated based on the values entered above.