Retail_HQ/Cash Float & Drops

Cash Float & Drops

Wuse 2 Supermarket — cash discipline, float control and drop schedule.

Opening float
₦500,000
Expected cash
₦12,600,000
Declared cash
₦12,587,200
Variance
-₦12,800

Cash Drop Schedule

  1. Opening float07:45
    ₦500,000
  2. Cash drop 112:15
    ₦2,800,000
  3. Cash drop 216:40
    ₦3,400,000
  4. Cash drop 3 (scheduled)18:20
    ₦2,200,000
  5. End-of-day reconciliation22:15

Cashier Float Table

LaneCashierFloatSalesVariance
L-01Amaka N.₦100,000₦1,820,000—
L-02Tunde B.₦100,000₦2,140,000—
L-03Grace O.₦100,000₦1,640,000-₦2,000
L-04Segun A.₦100,000₦1,240,000—
L-05Halima I.₦100,000₦2,680,000-₦8,000

Variance Investigation

Investigating
L-05 · Halima I.
-₦8,000 shortfall · footage requested · finance notified
Under review
L-03 · Grace O.
-₦2,000 · likely change error · monitor next shift
Policy
Cash drop ≥ ₦2M → dual sign
Manager + Cashier · CCTV verified