I just decided to look at my scenario at our Brewery.
We pay 25 cents per debit transaction and 2.9% per cc transaction. I have to carry a float of several hundred dollars for the purposes of cash transactions. Last week, of our sales, we did about 8% of our transactions in Cash.
Now, I have an employee that needs to count the cash before and after every shift and I have to go to the bank and deposit it, and manage it. Cash is a time sink for us.
After reading through this thread. I am debating if cash is actually reasonable to deal with or if we'd be better going cashless and just e-transferring tips etc.
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