Cash drawer
Encyclopedia
A cash drawer is generally a compartment underneath a cash register
in which the cash
from transactions is kept. The drawer typically contains a removable till. The till is usually divided into compartments used to store each denomination of bank notes and coins
separately to make counting easier. The removable till allows moneys to be removed from the sales floor to a more secure location for counting and creating bank deposits.
A cash drawer is usually of strong construction and may be integral with the register or a separate piece that the register sits atop. It slides in and out of its lockable box and is secured by a spring-loaded catch. When a transaction that involves cash is completed, the register sends an electrical impulse to a solenoid
to release the catch and open the drawer.
Cash drawers that are integral to a stand-alone register often have a manual release catch underneath to open the drawer in the event of a power failure. More modern cash drawers have eliminated the manual release in favor of a cylinder lock
, requiring a key to manually open the drawer. The cylinder lock usually has three positions: locked, unlocked, and release. The release position is an intermittent position with a spring to push the cylinder back to the unlocked position. In the "locked" position, the drawer will remain latched even when an electric signal is sent to the solenoid
.
Cash register
A cash register or till is a mechanical or electronic device for calculating and recording sales transactions, and an attached cash drawer for storing cash...
in which the cash
Cash
In common language cash refers to money in the physical form of currency, such as banknotes and coins.In bookkeeping and finance, cash refers to current assets comprising currency or currency equivalents that can be accessed immediately or near-immediately...
from transactions is kept. The drawer typically contains a removable till. The till is usually divided into compartments used to store each denomination of bank notes and coins
COinS
ContextObjects in Spans, commonly abbreviated COinS, is a method to embed bibliographic metadata in the HTML code of web pages. This allows bibliographic software to publish machine-readable bibliographic items and client reference management software to retrieve bibliographic metadata. The...
separately to make counting easier. The removable till allows moneys to be removed from the sales floor to a more secure location for counting and creating bank deposits.
A cash drawer is usually of strong construction and may be integral with the register or a separate piece that the register sits atop. It slides in and out of its lockable box and is secured by a spring-loaded catch. When a transaction that involves cash is completed, the register sends an electrical impulse to a solenoid
Solenoid
A solenoid is a coil wound into a tightly packed helix. In physics, the term solenoid refers to a long, thin loop of wire, often wrapped around a metallic core, which produces a magnetic field when an electric current is passed through it. Solenoids are important because they can create...
to release the catch and open the drawer.
Cash drawers that are integral to a stand-alone register often have a manual release catch underneath to open the drawer in the event of a power failure. More modern cash drawers have eliminated the manual release in favor of a cylinder lock
Cylinder lock
A cylinder lock is a lock constructed with a cylinder that a locksmith can easily unscrew to facilitate rekeying. The cylinder may contain any of a variety of locking mechanisms, including the pin tumbler lock, the wafer tumbler lock and the disc tumbler lock....
, requiring a key to manually open the drawer. The cylinder lock usually has three positions: locked, unlocked, and release. The release position is an intermittent position with a spring to push the cylinder back to the unlocked position. In the "locked" position, the drawer will remain latched even when an electric signal is sent to the solenoid
Solenoid
A solenoid is a coil wound into a tightly packed helix. In physics, the term solenoid refers to a long, thin loop of wire, often wrapped around a metallic core, which produces a magnetic field when an electric current is passed through it. Solenoids are important because they can create...
.