What does an over/short report indicate?

An over/short report primarily serves to detail the balances for all registers from the previous day. This report is essential in asset protection as it highlights any discrepancies between the expected cash amount and the actual cash collected at the registers. When discrepancies occur, the report provides valuable insights that can lead to further investigation. Understanding register balances helps in identifying patterns of loss or error, whether they arise from cash handling mistakes or theft. This clarity in financial accountability is critical for maintaining the integrity and accuracy of store operations.

While other options touch on important areas of store management—like sales tracking, employee performance, and inventory control—they do not specifically address the primary function of the over/short report, which is focused on reconciling register cash balances from daily transactions.