Variance Thresholds

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In Till Management, variance thresholds are set from the Till Managements Settings. These settings have options to edit the Till Variance, Deposit Variance, and Daily Deposit Variance values. These determine the allowable over/short variances for tills, deposits, and daily deposits, respectively. Configure variances by dollars or percentages.

Only users with the following permission will be able to configure Till Management settings:

  • Sales & Cash → Cash Management → Configure Thresholds

The settings can be opened by clicking the gear button in the top right corner of the Cash page on either the Tills or Deposits tab.

Till Management is only available for databases that utilize select POS Systems. To view the list of qualifying POS Systems, click here.


Till Management Settings

To edit the variance thresholds, click the gear button to open the Till Management Settings. Then, edit the variance fields.

Field

Description

1

Till Variance

The allowable over/short dollar or percentage amount variance for each till.

The default value for this variance is $5.

2

Deposit Variance

The allowable over/short dollar or percentage amount variance for each deposit.

The default value for this variance is $10.

3

Daily Deposit Variance

The allowable over/short dollar or percentage amount variance for all daily deposits.

The default value for this variance is $10.

4

Dollar / Percentage Selector

Selects whether the variance type value is in dollars or a percentage.

5

Variance

The variance value. The type of value this is is based on the Dollar/Percentage selector.

6

Cancel

Cancels any changes made and closes the drop out.

7

Apply

Applies all changes made.


Variance Signifiers

The over/short variance will be calculated based on the difference between the actual and expected dollar amounts. These amounts will be displayed in one of two colors to draw attention to their over/short variances: 

Blue

Variances within the set threshold.

Red

Variances outside of the set threshold.