Risk & Compliance: Financial Controls

Cash reserve holdings reconcile to systemic holdings or the last store count

Register variances are investigated as per business procedure. All register errors of $50 or more have been investigated and a detailed explanation is provided

Lay-by refunds are managed as per business procedure

All store cash expenses have supporting documentation attached, appropriate approval and are accurately reported (including unallocated cash errors)

The Cash Machine count, including cash held external to the cash machine, is accurately completed every month with Store Manager review/signature present

Self-checkout cash counts are accurately completed each month for each machine

An Armaguard issued seal is correctly affixed to the second inner door of the cash machine. The Security seal number has been accurately recorded in a record book

Register Operators regularly perform clearances, so that minimal amounts of cash is held in the registers

Clearance cash is moved without delay from the registers to the cash machine

All refund dockets for $50 or more have a second team member's authorising signature

The original register receipt and the operation completed receipt are both on hand and reconciled for all Void Previous transactions

POS system access levels appropriate and provided to current team members only

Cash machine access levels appropriate and provided to current team members only

Cash Management System access levels appropriate and provided to current team members only