Currency counting is a part of our lives. We use it in every step of life, whatever we receive and pay the cash. So, We have best tips ever to count currency notes faster in less time.
Count money fast is an easy task and it is very important in our daily finance. Learning how to properly count your money is a fun and quick task that is especially applicable if you work in the retail industry or simply work at a cash register. Organization and keeping notes are both important in completing this task. We are going to discuss a complete and good process of How to count currency notes faster?
Gather your all money at one place
Make sure you have room to make plenty of piles. First separate your bills from your coins and small change. If you have any silver dollars or large coins, separate these as well to assist in counting your small change.
Sort all currency
This is an easy step in the process and will make actually counting your money that much faster. Make a separate stack for each different bill. Begin with your largest bills. Stack your $100, $50 and $20 dollar bills in their own pile. Then move on to the $10, $5 and $1 dollar bills.
Count and note down your cash
You can either count the number of bills and then multiply or add them up as you go. Either way, record how much of each bill you have for when you calculate your final tally. For example, if you have 2 $50 dollar bills, 3 $20 dollar bills, 4 $10 bills, 2 $5 dollar bills and 6 single dollar bills, your “totals” column should read, “100, 60, 40, 10, 6.” You should add all these bill totals together and hopefully come to a total of $216.
Gather and sort your coins
First stack all your dollar coins together in one pile, followed by your quarters, dimes, nickels and, finally, pennies.
Count and note down your coins
Follow the same strategy as when you recorded your bills. Have a “totals” column that has the amount of each coin. For example, if you have 3 $1 dollar coins, 14 quarters, 8 dimes, 7 nickels and 6 pennies, your “totals” column should read, “3, 3.50, .80, .35, .06.” Add these coin totals together, and your coin total will equal $7.71.
Get total of your notes and coins
This will give you the total amount of money you are counting. In this example the total should equal $223.71. Write this down and save yourself some hassle when depositing or spending the money. Consider paper clipping your notes to a deposit slip if you plan on eventually depositing the money.