Five Crucial Things to Know about the Cash Drawers - PowerPoint PPT Presentation

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Five Crucial Things to Know about the Cash Drawers

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What should be the ideal size of cash drawer for your business? Can you customise the cash drawers? How much does a cash drawer cost? Getting the answers to these questions is important, and thus one should know a few crucial things about the cash drawers. – PowerPoint PPT presentation

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Title: Five Crucial Things to Know about the Cash Drawers


1
POS CENTRAL AUSTRALIA
CASH DRAWERS
CASH DRAWERS - TERMINAL/PRINTER DRIVEN
CASH DRAWERS - SERIAL/USB
FLIP TOP CASH DRAWER
2
FIVE CRUCIAL THINGS TO KNOW ABOUT THE CASH DRAWERS
3
Five Crucial Things to Know about the Cash Drawers
4
WHY SHOULD THE BUSINESSES HAVE CASH DRAWERS?
Point of Sale (POS) kiosk is essential for a
retail store. You can also notice a POS kiosk at
the fast-food stores, restaurants, and cafes.
Typically, the point-of-sale area should contain
a few essential elements. Among those elements, a
cash drawer is indispensable. Business owners
use the cash drawer for storing cash, coins,
checks, coupons, and other valuable items. Since
it stores many valuable items, business owners
should invest money generously in purchasing a
top-quality cash drawer. However, buying a cash
drawer is not an easy thing. What should be the
ideal size of cash drawer for your business? Can
you customise the cash drawers? How much does a
cash drawer cost? Getting the answers to these
questions is important, and thus one should know
a few crucial things about the cash drawers.
5
Connectivity of the Cash Drawer Is Crucial
In terms of connectivity, different kinds of
drawers are available in the marketplace.
However, the commonest type of cash drawer comes
with printer-driven connectivity. You can control
this cash drawer through the DK port of the
printer. DK Port, the acronym of Drawer Kick
Port, will send a 24V signal to open and operate
the cash drawer. In past, manually operated cash
drawers used to be popular. Today, a
printer-driven cash drawer is more popular, since
one can easily operate such a drawer through the
DK port. As a result, a printer-driven cash
drawer is more secured. Instead of DK port
connectivity, you can also find cash drawers that
offer Bluetooth and Wi-Fi connectivity.
6
How to Manage the Cash Flow?
You have a cash drawer for your retail store, but
you still may have a crucial question in mind.
How to manage the cash flow in a cash drawer? In
Australian standard cash drawers, you will find
the tills come in different layouts for
accommodating coins and cash. Nevertheless, there
will also be space for checks, bills, and
higher-value bills. In some cash drawers, you may
also find space for storing other currencies.
Such cash drawers are suitable for retail
businesses that operate near an international
airport. Buying a cash drawer with a hidden slot
is a good idea. You can keep important keys and
other confidential things in this slot.
7
KNOW THE SECURITY FEATURES OF CASH DRAWERS
For a retail store owner, it is essential to
understand the security features of the cash
drawer. Now, different products may have
different kinds of security features. An advanced
cash drawer will naturally come with more unique
and effective security features. The most
important thing is to have an additional security
lock. An additional lock means an added security.
Along with an additional lock, you also need a
universal key. If you have lost the key, you can
unlock the cash drawer with the universal
key. Moreover, you need a key that works for all
locks during an emergency. For example, when a
fire erupts in the store, you can use the
universal key to unlock the drawers and get the
cash and other important documents easily.
8
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9
DURABILITY OF THE CASH DRAWER
Durability depends on the quality of the material
of a cash drawer. Stainless steel cash drawers
will serve you for a long time. Aluminium is an
alternative material to stainless steel. However,
steel-made cash drawers are sturdier. For buying
a cash drawer, you need to know about POS Central
Australia Cash Drawer that comes with different
manufacturing materials.
10
Cost of the Cash Drawer
The cost of a cash drawer depends on many
factors. The things discussed above will have an
impact on the cost of the drawer. For example,
cash drawers with a larger size, additional lock,
and high-quality stainless steel material will
come at a higher cost. Having more features will
increase the cost of the product.
11
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