1. Enhance Security: By following the designated cash handling procedures outlined in this template, you can minimize the risk of theft, fraud, and errors in cash transactions.

2. Ensure Compliance: Adhering to the policies and reporting requirements specified in this template helps your organization comply with financial regulations and internal controls.

3. Improve Accountability: With clear guidelines on handling cash, you can hold employees accountable for their actions and reduce the likelihood of policy violations that could lead to consequences such as write-ups, suspensions, or terminations.