Jun 27
2014
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Lock Up CashPosted by Steve Marr in Untagged |
I have always believed that you should lock up cash and other assets. A few times I have heard the “you don’t trust me” argument. I respond with “I trust you; otherwise I would not employee you. I secure cash and other valuables to protect you.” I go on to explain that if cash were to disappear, an investigation would follow. Everyone with access to the cash would be questioned. Restricting access to the cash protects employees from suspicion.
Long ago I had a job in a restaurant. Part of my responsibility was running the cash register. One day some money went missing. The owner investigated. He identified four people who were always on duty when the cash went missing. He fired all four to get rid of the guilty person. While this wasn’t fair to the innocent party, it did stop the stealing. Fortunately, I was not among the fired; but I could have been.
We never know for sure who may be inclined to dishonesty. We learn from scripture that Judas “was a thief; as keeper of the money bag, he used to help himself to what was put into it.” (John 12:6b, NIV) That’s why good cash controls and audits are necessary.