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Guidelines to Find the Perfect Cash Drawer

Cash payments are still the main form of transaction in most of the businesses. Majority of your income is hence through cash only. This creates the major need for a systematic yet safe system to store cash. Cash drawers are the one-stop solution to reduce the hassles of handling money matters. But among the several types, finding a cash drawer that perfectly suits your needs can be a tough job.

Following are certain factors that you must essentially take into consideration to find the perfect cash drawer:

•    Budget: There is a wide variety of options available in the market. Versatile designs and diverse builds are provided by various companies. Once you have decided on a reasonable budget, make sure to check out the available options to select ones that not only suit your budget but is also suitable for your business.
•    Durability: Cash drawers generally undergo several hits and bumps during the course of usage. Durability in terms of resistance to dents drops, and dings are essential. Although a heavy-duty cash drawer would be more expensive, it leads to saving money in the longer run. A medium duty cash drawer may be prone to tampering and damage but it will definitely be cheaper. The durability required depends on how busy your business is.
•    Interface: With the ever-developing technology, various forms of cash drawer have arrived in the market. Although some might be super advanced and the features would essentially make the job comfortable, it might not be required for your day to day schedule. The different interfaces include printer driven, serial driven and manually driven. You must check out the features of each and tally it with the requirements of your business before deciding on which model would be suitable for you.
•    Space: The model largely depends on the space available to place the cash drawer. It is often neglected but is a major factor to choose from shortlisted models.

These were certainly major factors that you must consider while making the choice. Minor factors include warranty, reliability, etc. Tip to make a perfect choice is to choose what suits your business the best.

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