In a recent audit finding it was recommended that we develop a policy to balance the tellers post cut-off work back to General ledger. Our cut-off time each day is 3:30 and we have not deveopled an easy way perform this task. Can any one give a suggestion.
You can use the teller balancing sheets & the cash-in/out teller total report (or something similar) to balance back to the GL. Depending on your system, it can be a bit time consuming. This is always the day after (in our case) because proof (the bank)must balance out for the day and then reports are generated.