Glossary
X Balance
The X Balance, often referred to as an End of Shift Balance report, is a report that provides a summary of all transactions performed since the last Z Totals report. This report is typically used by merchants and businesses to monitor and verify daily financial activities at the end of a shift or business day.
Key Points about X Balance:
In summary, the X Balance report is a crucial tool for businesses to monitor and reconcile transactions at the end of a shift. It ensures accuracy in financial records, helps detect discrepancies, and provides an interim summary of the day’s financial activities, aiding in effective cash management and operational transparency.