---
title: "Till Reconciliation & Banking"
canonical: "https://kb.myframeworks.com.au/space/FRAM/28400372/Till%20Reconciliation%20%26%20Banking"
format: markdown
---
# Overview

After a day of trading through a till, the cash, cheques and EFTPOS transactions need to be accounted for. This process is called **Till Reconciliation**.** **All Frameworks tills that perform transactions are required to have the cash, cheques, cards and so on reconciled on a daily basis. 

> Macro (excerpt)
> 
> The till reconciliation process analyses the amounts held in the till and compares these amounts (that Frameworks is expecting), then records any variances. The end result of the till reconciliation process is that the daily takings are then banked.
> 
> Balancing the cash drawer is an important task that ensures staff have not entered receipts incorrectly, forgotten them altogether or that cash has not disappeared by accident or theft. You should perform cash reconciliation daily or even at the end of each shift or session. Most businesses do a regular cash reconciliation as part of monitoring and controlling cash-flow, however retail businesses generally do a cash reconciliation at the end of each day. It tells them how much they have taken in (turned over) during that day.<span style="color: #000000"> </span>

# Find Out More About the Till Reconciliation and Banking Options in Frameworks

<span style="color: #333333">Click on one of the links below to find out more.</span>

> Macro (ui-children)

# Additional Information

> ✅ Refer to the [Additional till Security](https://sterlandsupport.atlassian.net/wiki/spaces/FRAM/pages/28409162) Administrator Guide for more information on till variances.