How do you balance your cash drawer and reconcile your fund transfer transactions at the end of the day?

2 Record your cash and fund transfer transactions

Throughout the day, you should record every cash and fund transfer transaction you perform using the system or the appropriate forms. You should also issue receipts, vouchers, or confirmations to the customers and keep copies for yourself. For fund transfers, you should follow the bank's policies and procedures for verifying the identity and authorization of the customers, the accuracy and validity of the account numbers and routing numbers, and the availability and clearance of the funds.

3 Count your cash and prepare your deposit

At the end of the day, you should count your cash and prepare your deposit by sorting, bundling, and securing the cash according to the bank's standards. You should also compare your cash count with the system balance and identify any overages or shortages. If there is any discrepancy, you should try to find the source of the error and correct it if possible. You should also report any discrepancy to your supervisor and document it in the system or the appropriate forms.

4 Reconcile your fund transfer transactions

After you prepare your deposit, you should reconcile your fund transfer transactions by reviewing the system reports or the forms and ensuring that all the transactions are accounted for and matched with the receipts, vouchers, or confirmations. You should also check for any errors, omissions, or discrepancies and resolve them if possible. You should also report any errors, omissions, or discrepancies to your supervisor and document them in the system or the appropriate forms.

5 Submit your deposit and reports

Once you have balanced your cash drawer and reconciled your fund transfer transactions, you should submit your deposit and reports to your supervisor or the designated person. You should also sign off the system and lock your drawer. You should also keep a copy of your reports for your records and reference.

6 Review your performance and feedback

After you submit your deposit and reports, you should review your performance and feedback from your supervisor or the designated person. You should also evaluate your strengths and weaknesses and identify any areas for improvement or training. You should also celebrate your achievements and acknowledge your challenges. Balancing your cash drawer and reconciling your fund transfer transactions is an important part of your job as a bank teller and it reflects your accuracy, efficiency, and professionalism.