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    May Likes Toronto (mayintoronto@mstdn.ca)'s status on Tuesday, 23-Jan-2024 04:57:52 JSTMay Likes TorontoMay Likes Toronto
    • Church of Jeff

    @jeffowski There's a concept called the "cost of cash" in retail businesses.

    You have to:
    - Wait for the purchaser to count out cash
    - Have the cashier count out the right amount of change.
    - Cash accounting every night.
    - Make sure you have sufficient change.
    - Keep that cash safe from robberies.
    - Deposit the money safely on a nightly basis.
    - Deal with forgeries.

    POS systems tend to save businesses money. The sign is really for avoiding taxes.

    In conversationabout a year ago from mstdn.capermalink
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