For most retail SMEs, reconciling daily POS (point-of-sale) transactions is a painful, end-of-day ritual — comparing receipts, counting cash, matching digital payments, and double-checking against bank deposits. It’s essential but time-consuming. With the right automation, though, it can take less than 10 minutes a day while keeping your numbers accurate and audit-ready.
Here’s how retail teams are doing it with ccMonet — turning a tedious closeout into a fast, reliable routine.
At closing time, every outlet should upload its daily POS summary — total sales, refunds, discounts, and payment breakdown (cash, card, QR, or e-wallet).
ccMonet’s AI Bookkeeping reads this report automatically, no manual input needed. It recognises formats from most POS systems used in Singapore (e.g., Revel, Lightspeed, or Shopify POS) and classifies each transaction by type.
Once uploaded, your books update instantly — no spreadsheet work required.
Reconciling payment channels manually takes the most time: verifying that yesterday’s card or QR payments have actually hit your bank.
ccMonet’s AI Bank Reconciliation connects directly to your business bank feed and automatically matches POS totals with incoming deposits.
If there’s a mismatch — like a delayed card settlement or missing PayNow receipt — ccMonet flags it immediately so you can fix it before tomorrow’s open.
For cash-heavy outlets, ccMonet makes it easy to track daily float top-ups or deposits. Staff simply snap a photo of the deposit slip or upload a short note — AI records it as a cash movement and reconciles it with the next bank deposit automatically.
No more “missing $50” mysteries or late adjustments at month-end.
Refunds and promotions often distort sales totals when posted incorrectly.
ccMonet auto-separates these lines from gross sales, ensuring your revenue reports stay accurate. This also means daily profit dashboards reflect true performance — not inflated numbers.
Here’s what most ccMonet retail clients do:
The whole process takes less time than counting your cash drawer.
By the next morning, ccMonet’s AI Insights dashboard shows:
That means owners can see accurate performance across all stores — before the day even begins.
For busy retail teams, the best accounting system is one that runs quietly in the background — fast, consistent, and always reliable.
With ccMonet, your daily POS reconciliation becomes a 10-minute habit that keeps every outlet’s numbers clean and every owner confident.
Close your day faster — and open tomorrow with clarity.
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