Common use of Overage and Shortages Clause in Contracts

Overage and Shortages. All overages are to be deposited daily along with a reason for the overage. An overage is any revenue collected over the amount reported on the end-of-shift ticket and PRCS reports. All shortages (a missing deposit, a cash shortage in a drawer, etc.) are to be repaid to the City by Parking Operator as a credit in the next weekly expense invoice. There shall be no "netting" of overage and underage in the preparation of reports and deposits.

Overage and Shortages. All overages are to be deposited daily along with a reason for the overage. An overage is any revenue collected over the amount reported on the end-of-shift ticket and PRCS reports. All overages are to be deposited daily along with a reason for the overage. All shortages (a missing deposit, a cash shortage in a drawer, etc.) are to be repaid to the City by Parking Operator as a credit in the next weekly expense invoice. There shall be no "netting" of overage and underage in the preparation of reports and deposits.

Overage and Shortages. All overages are to be deposited daily along with a reason for the overage. An overage is any revenue collected over the amount reported on the end-of-shift ticket and PRCS reports. All overages are to be deposited daily along with a reason for the overage.All shortages (a missing deposit, a cash shortage in a drawer, etc.) are to be repaid to the City by Parking Operator as a credit in the next weekly expense invoice. There shall be no "netting" of overage and underage in the preparation of reports and deposits.

Overage and Shortages. All overages are to be deposited daily along with a reason for the overage. An overage is any revenue collected over the amount reported on the end-of-shift ticket and PRCS on-line payment reports. All overages shall be deposited daily along with a reason for the overage. All shortages (a missing deposit, a cash shortage in a drawershortage, etc.) are to shall be repaid to the City by Parking the Bus Operator as a credit in to the next weekly expense invoiceWeekly Invoice. There shall be no "“netting" ” of overage and underage in the preparation of reports and deposits.