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Collecting Payments and Reconciling Customer Accounts

Cashier · Chapter 7 · Part I-B: Vocational Skills

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Topics 4

  1. Receiving, checking, recording, informing and storing customer payments; acceptable modes of payment
  2. Storing cash and cash equivalents securely; problems in sorting out cash
  3. Reconciling customer accounts: meaning, purpose and process
  4. Factors to consider in reconciliation; sorting out and reporting problems