One of my jobs at the store I work at is depositing the previous day's deposit at the bank. This is at 7 in the morning. The store is closed. The bank is closed. I have a key to the bank's deposit box. Each deposit is sealed in a plastic envelope with how much bills and coins are in the bag. I am not the boss of the store, just the assistant. I am alone. The other day when I was depositing the money, one bag was really heavy. Along with the cash were 10 Ike dollars. I thought to myself "What if they were Morgan dollars?" What would you have done?
When I shook the bag I knew they were big dollars. I was very happy they weren't Morgans. I guess I could have called my boss and asked if I could replace them with a 10 dollar bill, but she would have probably got mad that I woke her up. I wonder if I explained what they were and offered to split them if she would have let me.
I agree. Maybe I might wander into that bank later and ask if they would sell them to me, but I wouldn't consider a sealed deposit.
I would say next time - don't shake the bag. Just deposit it. No temptation and no possibility of getting in trouble.
I would have taken the deposit to the bank, once they were open, and said I need to swap something out - giving them a $10 bill for the 10 dollar coins. That, or done the same thing with the store manager.
Even if you could do that, the manager would have to re-write the denomination breakdown on the deposit slip inside. Let alone reconfiguring the back office report to make the change from 10x dollar coins to an additional $10 bill just so he/she can stay compliant in the event of an audit. Not a favorite activity among upper management types and is a complete tone setter for the rest of the day. Be glad you didn't do it.
If he had a blank deposit slip in one hand and a $50 bill in the other, I bet he would have found an ink pen. And, had it been 10 Morgan's in there, it would could have been the best $60 you could spend Not saying it's always possible. But, when it is, I'd make change
Really? And a new plastic deposit envelope too? You do know once those things are opened/torn through, you can't reseal them? The manager counting the money initials those bank deposit bags and tears the strip with a unique serial number for that deposit/bag. It's not as cut dry as you think it is and it's very risky.
Granted, it has been many year's since I managed a retail store. However, we did use the plastic bag's towards the end of my retail experience. Then, the store was give bags as needed and though all serialized, the serial number was not captured until the deposit was tendered. That said - my point was, there was certainly a legal way to accomplish this.
Always ask the boss man for permission. Even if you do not care about losing your job, your reputation is way too important. TC
I'd say if she trust you with the money, she would let you, it sounds like she trust you a lot, just tell her you collect coins, and ask if she would mind, it can't hurt, whats the most she can do, say know, and if she got mad, just tell her, thats why I ask, I know people in banks go though stuff, thats for sure
If that deposit slip doesn't match the content exactly, and you opened it alone and before hours, be prepared to loose your key to the store and probably the trust of the company. The bank is required to notify the owner or Corporate Offices of all discrepancies. This includes the counts of individual denominations, even if the overall total balances. You would cause the clerk who made that deposit slip to come under undue scrutiny. Your store manager may not be told of the concern because even top management has been known to juggle cash. I can guarantee corporate security will be notified however. If it happened a second time, it may cause all those involved in handling the cash to take a polygraph. Once that money is in the cashier's cage, it belongs to the company. No one is to tamper with it, unless told to do so or justified for security reasons. Don't even think about it. If you want a resounding NO; just ask your company for permission.
It has to be done alone or exchange with a teller that is not sharp. Trying to work out a deal with the person who has the authority to exchange money could just keep the coins for themselves.
I was just postulating when I specified that the Morgan dollars in question were extremely rare. Many folks say one thing when circumstances are not specific, only to change their stance when the details are specified. I'm not saying you are one of them, but how could I possibly know that?