Having pre numbered customer order checks and keeping them as a
cash receipt is a good method of cash control. But it should not be the
only one and should be combined with adequate internal cash
controls. However, with the help of these checks each customer
payment can be connected to the appropriate check and traced back
as long as the check number is entered into the system upon
payment. Additionally, if they are in numerical order the restaurant
owner can notice if there are any inconsistencies. Though this can
become tedious if there are large amounts of orders. A lack of
oversight can start and can create an opportunity for fraud. A more
efficient way to track cash receipts as well as orders and payments is
with the help of a point of sale system for restaurant industries. This
technology includes software and the appropriate hardware that will
allow transactions and will also track necessary restaurant operations,
such as customer orders, sales, inventory, vendor orders etc. This is a
more productive method to monitor cash receipts while maintaining
the necessary cash trail electronically (BlueCart, 2022).
References:
BlueCart (September 14, 2022). Restaurant Point of Sale Systems: A
Guide to Restaurant POS.
https://www.bluecart.com/guides/restaurant-point-of-sale-
systems#:~:text=POS%20systems%2C%20or%20point%20of%20sal
e%20systems%2C%20are,hardware%20that%20allow%20businesses
%20to%20manage%20sales%20transactions.
