Cash Handling Calculator | Fifth Third Bank

Tell us some basic information about your business

Industry

Days Of Operation Per Week

Number of locations

Average Daily Cash Sales (per location)

Average Hourly Wage for Full Time Management Employees

Monthly Armored Fees (Per Location)

Average Monthly Bank Fee (Per Location)

Monthly

Annually

Monthly Armored
Monthly Armored Fees ($) x Number Of Locations ()

M Value

A value

Monthly Banking Fees
Monthly Banking Fees ($) x Number of Locations ()

M Value

A value

Service Fees

M Value

A value

Daily Audit and Reconciliation
[Daily Audit Hours () x Days Open Per Week () x Average Wage w/Benefits ($ x 1.) x Number Of Locations ()] x 4 weeks in a month

M Value

A value

Weekly Audit and Reconciliation
[Weekly Audit Hours () x Average Wage w/Benefits ($ x 1.) x Number Of Locations ()] x 4 weeks in a month

M Value

A value

Daily Deposit Prep
[Daily Deposit Prep Hours () x Days Open Per Week () x Average Wage w/Benefits ($ x 1.) x Number Of Locations ()] x 4 weeks in a month

M Value

A value

Transportation of Deposits
[Number of Deposits per Week () x Hours Transporting Deposits () x Average Wage w/Benefits ($ x 1.) x Number Of Locations ()] x 4 weeks in a month

M Value

A value

Labor Costs

M Value

A value

Average Shrinkage
[Daily Cash Sales ($) x 0.001 x Number Of Locations () x Days Open per Week ()] x 4 weeks in a month

M Value

A value

Cash Shrinkage ¹

M Value

A value

Your Total Cost To Handle Cash

Monthly total

Annual total

1. For the purposes of this calculator, Cash Shrinkage was calculated at 0.1% of daily cash sales. Actual Cash Shrinkage of a business may vary on a variety of factors.

This calculator is being provided for educational purposes only. The results are estimates that are based on information you provided and may not reflect Fifth Third Product terms. The information cannot be used by Fifth Third Bank to determine a customer’s eligibility for a specific product or service. Please contact a currency processing specialist.

Tell us some basic information about your business

How much time are you spending handling cash? (per location)

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