OTeller

Features OTeller

The cash closing, in accounting, corresponds to the cessation of financial transactions (inflows and outflows) for the day.
This term is more generally used in the context of commercial activities.
This is a mandatory daily action in taxation.This daily act makes it possible to have a regular follow-up of the financial flows of the structure.
It also allows professionals to quickly see cash fund inconsistencies that may result from an error or theft.
From a tax point of view, these legal documents make it possible to fight against fraud.This closure can be done manually.
It then goes through the manual editing of the checkout X at midday then the checkout Z at the end of the day.
It can also be automated using cash management software.