Cash payments?

[jpatton]

We do have some local business customers that do pay in cash. We don't make it an option on our order form but we will consider it for local small businesses. When taking cash or check though the accounts are not set up until after we have received payment for the services.

John

 

[charlier]

I accept mail in payments...

My default policy is that I give a few days grace before you get suspended, and this usually handles the mailing of payments. Usually clients shoot me a note if they run late, and I make exceptions based on that.

BUT

On sign up, I wont accept / create the account until I have check in hand. This is of course, unless they where referred by someone / client that I trust. Usually I'll then accept the account and if I don't get a payment in a week, I suspend them.

It definitely is more over head in doing this. Just depends on how much work you want to do.

 

[jlynch]

I understand the accounting perspective, having worked with money in different retail venues for many years. From a management perspective, I like to keep some petty cash on hand. But, it is hard to track. It is probably much safer to only accept other forms of payment.

 

[shockym]

No cash its a total pain, so are offline checks when you are dealing with clients world wide. Its just not as simple as say, paying your parking ticket in your home town with a check, hosting is another world all together.