There is something inherently necessary about a depository safe in this current economic climate, as well as the way our financial system runs. On a wide scale, depository safes safe keep money when the active and immediately accessible money runs out. In a small business or a larger size business, it is necessary to have a pool of money to go to. Businesses work with cash often on an hourly basis, and find cash bills a necessary component of their dealings (despite how credit-focus our culture is). For example, a food restaurant may be running low on cash. They access the Depository Safe to grab excess money, filling the accessible drawer with smaller bills and replenishing it for the afternoon. Very few should have access to this special safe. This is our depository, and this is where cash businesses flourish.
Below is a list of things to consider when working with a depository safe:
1. Limit Access, and limit it again. You do not need this depository safe deeply accessible by a wide range of people. It opens the door for theft, and dilutes the exclusive responsible of caring for the safe. By limiting it, you give exclusive responsibility to those you trust, and foster growth on even the smallest levels.
2. If you are accessing it often, you may be overusing the drawer. Either increase your drawer limit and extend access to the safe. It isn’t wise to keep pulling money from it, or else you’ll need a depository for your depository!
3. Make sure you count the bills accurately. Most businesses know the amount of money in their drawer and in their safe. This is for careful bookkeeping. If you pull a certain amount, confirm this amount and keep track of it. If employees know this is not be tracked, they may take advantage of this oversight by sneaking cash out the drawer. This sets a dangerous precedent.
These safes protect money for a short period of time, acting as the sort of in-between between your immediate drawer and the money stored away in a vault or the bank (or the bank vault, of course). They are often set under the register itself. Some businesses simply use a zipped bag for their safe, a carrying case which is hazardous and unwise. Safes may be pricey, but it does not take much effort to scour the web for a modestly priced safe which accomplishes your needs. Keep in mind, a large safe could be too inviting to would-be thieves and criminals, and a small safe could be too counter-productive if it holds even less than the drawer! Discover the options in safes available to you, and explore the limits of safeguarding in a business culture. No business should go without protection. Be wise and safeguard today.
