March 5, 2020 - 4:24pm
#1
Curious on how other institutions using Symitar are structuring their change funds. Currently, we have multiple separate GLs that make up branches total cash, one for the vault, one for the ATM, and another for the teller change funds which has sub accounts for each individual teller and those make up the drawers at the branch.
I want to make a recommendation to get all of those items under one GL for each of our branches to facilitate in monitoring cash levels and to ensure all cash are being accounted for during cash counts. The only issue I see is the amount of turnover and floating tellers.
Hopefully, what I am asking is clear.
Thanks!
