If a staff member skims $20 you’re out $20 and the product cost, if they miscount the change by $20 you are out $20 and still owe the taxman. If its all processed correctly the taxman gets $4.
Then theres the time savings of not having to count change or wait for customers to hand over money. If it allows you to serve 110 customers an hour per staff member not 100 in a busy bar you just sold 10% more product. Add in the labor savings of not counting out change, not counting tills, not having to have sufficient change on hand… it really does make sense in a high customer turnover business like a bar.
Not as much as you think.
If a staff member skims $20 you’re out $20 and the product cost, if they miscount the change by $20 you are out $20 and still owe the taxman. If its all processed correctly the taxman gets $4.
Then theres the time savings of not having to count change or wait for customers to hand over money. If it allows you to serve 110 customers an hour per staff member not 100 in a busy bar you just sold 10% more product. Add in the labor savings of not counting out change, not counting tills, not having to have sufficient change on hand… it really does make sense in a high customer turnover business like a bar.