IDEA: Receive cash from customers in the presence of two employees who both sign/date the transaction.

Protect your employees if your firm accepts cash.  Instruct your employees they are not to receive cash payments without another employee present. Assign a third party (second employee) also to count the received cash (add up the money handed over), acknowledge a payment amount of cash and sign as a witness and date to the transaction that occurred. Your customer will receive a copy of this receipt to take with him.  It should show both people who counted his payment in cash on that date.  Maintain this as an office procedure for the larger amounts (you set the limit) and you are more likely to avoid problems and short cash balances later.