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Deposits

A deposit is cash removed from a restaurant to be deposited in a bank or other financial institution. A deposit should be the final cash management operation of the day. After all checks are closed, shift reviews are completed, and all cash drawers are closed, you can use the Deposit operation to enter the actual cash amount of the deposit into the Toast platform.

The deposit is the actual amount of cash that you will deposit in the bank. As such, the deposit amount does not include the sum of the starting balances for all cash drawers, because the starting balance cash is not deposited in the bank but remains in the cash drawers.

By entering deposits into the Toast platform, you can later view them in the Reports > Cash and loss management > Drawer history reports. You therefore have a historical record of these transactions, and can verify them against the deposit slips from your bank.

The following sections provide more information about cash deposits.