DAILY RECONCILIATION – Cash & Sales for FSS

22/10/24, 23:31

DAILY RECONCILIATION – Cash & Sales for FSS Manuele Mariani USER

Key Points Minimum two persons (a Manager and the Safe Keyholder) at closing to transfer the cash to the safe (unless a drop-off drawer is available) No clients in the boutique Locked. The entrance and/or security gate are pulled down and locked. Performed for each type of payment (mandatory) and each tie is preferrable.

Direct Access Get ready Cash Count > who, how How to perform > in Beanstore Formalization of Daily Sales & Cash Reconciliation

(In the event of cash mismatches, immediately inform the Retail and Finance Head, Internal Control). When the cash register is closed, no transactions can be recorded. BeanStore closing time shall be consistent with the store/shopping mall closure.

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22/10/24, 23:31

DAILY RECONCILIATION – Cash & Sales for FSS

Documentation produced/collected during the day (sales receipts, checks, wire transfer confirmation, return receipts, after-sale service receipts, gift cards, deposit receipts, store credit coupons, etc.) Print PDQ machine slips for each payment type (credit and debit card slips, etc.) Cash in the cash register and transferred to the safe during the day Bank Deposit Slips (i.e., number of sealed bags, deposit slip receipts) Check the X-out report from the system Cash Count > who, when, how Who: two persons (one must be a manager depend by store dimension) When: store closed How: under CCTV cameras, using a counting sheet undersigned by the two persons. The sheet shall include Date Time Cash amount Not performed in the presence of clients

Formalization of Daily Sales & Cash Reconciliation [applicable for all countries] A Daily reconciliation sheet* or 👉🏻 E-ClosingTool or similar template has to be filled in for each till fulfilled with the data resulting from: X-OUT Report from the Beanstore Print the PDQ machine slips for each payment type Cash is stored in the cash drawer and transferred to the safe during the day Documentation produced/collected in the day (sales receipts, returns, receipts, store credit, sales order, gift form, credit card, debit card receipts) Bank Deposit Slip (i.e., number of sealed bags, deposit slip receipt) *👉🏻CN cash reconciliation form

👉🏻 MEI Daily sales reconciliation form

How to perform the Daily Sales & Cash Reconciliation in BeanStore Maintenance (applicable only for ITA, FR,MC,CH) https://fendi.sharepoint.com/sites/CICERO/SitePages/Daily-Cash-%26-Sales-Reconciliation.aspx

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DAILY RECONCILIATION – Cash & Sales for FSS

MORNING STORE OPENING 👉 BEANSTORE MAINTENANCE INSTRUCTION - Opening Till Session - Open Session

DURING THE DAY 👉 BEANSTORE MAINTENANCE INSTRUCTION - Tills Menu - Transfer to Safe

👉 BEANSTORE MAINTENANCE INSTRUCTION - Safe Menu - Safe Spot Check

EVENING STORE CLOSED 👉 BEANSTORE MAINTENANCE INSTRUCTION - Closing Till Session - End Session 👉 BEANSTORE MAINTENANCE INSTRUCTION - Closing Till Session - Reconcile Session

👉 BEANSTORE MAINTENANCE INSTRUCTION - Safe Menu - Reconcile Safe 👉 BEANSTORE MAINTENANCE INSTRUCTION - Safe Menu - Prepare Deposit https://fendi.sharepoint.com/sites/CICERO/SitePages/Daily-Cash-%26-Sales-Reconciliation.aspx

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DAILY RECONCILIATION – Cash & Sales for FSS

WHEN THE CASH COLLECTOR COMES TO THE STORE 👉 BEANSTORE MAINTENANCE INSTRUCTION - Safe Menu - Deposit Pickup 👉 BEANSTORE MAINTENANCE INSTRUCTION - Safe Menu - PAY IN - Transfer to cash collector

Daily Reconciliation Sheet shall be signed off by the two individuals involved in the closing procedure as evidence of the control performed. More info for Daily Reconciliation for 👉🏻 The Lease Department. More info for Beanstore Maintenance Guidelines 👉🏻 Clash Closing Guidelines & Procedure. (available only for Italy) Any discrepancy noted shall be identified and justified/adjusted on the same day (i.e., wrong tender type, etc.) Any discrepancy/doubt shall be reported immediately to the Finance and Retail Head, Internal Control.

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DAILY RECONCILIATION – Cash & Sales for FSS

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Source: BOUTIQUE/CASH MANAGEMENT/DAILY RECONCILIATION – Cash & Sales for FSS.pdf