Question 1

What is the purpose of this procedure?

Accepted Answer

The purpose of this procedure is to document the reconciliation of foodservice sales receipts to the daily bank deposits, ensuring financial accuracy for each food service unit.

Question 2

Who is responsible for preparing the daily sales reports and cash deposits?

Accepted Answer

Cash Room personnel are responsible for receiving deposits and Daily Sales Reports from each food service unit, attaching them to the Daily Sales Report, and backing up information with cash register and calculator tapes.

Question 3

How are discrepancies in the daily sales report and bank deposits handled?

Accepted Answer

Discrepancies between the daily sales report and bank deposits are immediately communicated to Foodservice Management for resolution, and the Accounting Department's role is to download and verify the deposit report against the bank's website.