When a cash drawer reports being “over,” it signifies that the physical cash contained within the drawer exceeds the amount expected based on transaction records. This discrepancy indicates a surplus of funds relative to recorded sales, refunds, and other cash-related activities. For instance, if the system anticipates $500 in the drawer, but a physical count reveals $520, the drawer is considered over by $20.
Such an overage can stem from various sources, including incorrect change dispensation, unregistered transactions, or errors in recording cash inflows. Identifying the causes is crucial for maintaining accurate financial records and preventing future discrepancies. Historically, cash drawer reconciliation has been a fundamental aspect of retail and banking operations, ensuring accountability and minimizing potential losses.