Definition, Meaning & Synonyms
cash-up
Phrasal Verb
/kæʃ ʌp/
Definition
The process of counting and summarizing cash transactions to verify the total amount of money collected during a specific period.
Examples
- After the store closed, the manager took a few minutes to cash-up and ensure all transactions were accurate.
- It’s important for a cashier to cash-up properly to avoid discrepancies in the earnings report.
Meaning
Cash-up refers to the act of closing out a cash register or tallying up cash receipts for a business at the end of a work shift or day, ensuring that the cash on hand matches the sales recorded.
Synonyms
- Reconcile
- Balance
- Tally