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How to perform an end of day (EOD) cash up from your computer

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At the end of the day, you will want to make sure that what you have recorded in Timely, matches what you have in store. To do so, you can perform a cash up to close the register and make a note of any differences. This will include any cash or card payments processed in store, as well as any custom payment types. In this guide, you will learn how to do an end of day cash up from your computer, including how to calculate the cash amount. 

If you have an online payment gateway connected, this won't include any online payments or deposits. However, if you are using TimelyPay and have used cardless checkout for a transaction, this will include those payments. For more information, see our help guide Feature introduction: Cash management.

 

 

How to cash up at the end of your day

Step One: How to close the register

1 Start by clicking on the register in the top-right corner and select close register. This will start the cash up process for the currently selected register. At the top of the page you'll be shown when the register was opened. Next you will need to calculate the cash amount.

 

 

Step Two: How to calculate the cash amount

1 In the cash amount section, you can add how much cash was collected.

 

2 Click the details option to view a detailed breakdown of cash, petty cash etc.

 

3 Enter the total cash amount in the actual field. Or, to manually enter the number of notes/coins you have on file, then click the calculate option.

 

Timely note: only the following currencies are supported for the calculate feature: AUD, NZD, GBP, USD, CAD, EUR, SGD and ZAR. If you use a currency that isn't supported, the Calculate option won't show up here.

 

4 This will pop up a window where you can enter the number of notes/coins accordingly (e.g. if you have 3 £5 notes, you would add 3 to this field, not £15). When you click use calculated total it will automatically tally up the total amount of cash.

 

5 Next, you can record how much you're taking out of the cash drawer to bank. We'll automatically carry over the balance to the next day's float (in this example we are going to bank £100 this time).

 

6 You will need to confirm the cash float again, when the register is next opened. Next, you will need to complete the cash up process.

 

 

Step Three: How to complete the cash up process

1 Under other payment types enter actual values for the rest of your payment types.

 

2 Add a cash up note if required. For example, if you have an explanation for a discrepancy, or have processed cash out transactions.

 

3 Click complete cash up to finish the process. To start the process for another location, switch registers in the top right corner, you can lean more about how to do this in our help guide How to manage your sales register for cash management.

 

 

 

Timely notes: 

  • If you finished late, or forget to close the register at the end of the day, you will be able to perform a cash up the day after. If you try to raise a sale you'll automatically be taken to the cash up process, where you'll be prompted to close the previous day's register.
     
  •  If you have a Smartpay or Tyro terminal connected, you can print/view a settlement or reconciliation report:
     
    • On your Tyro terminal, you can generate a reconciliation report which will give you the total amount processed on a given date. See Tyro's help guide for more information.
       
    • On your SmartPay terminal, you can generate a Settlement enquiry, which will give you the total amount processed on a given date. This can be found in Smartpay's User manual.

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