by Wayne Merry | Nov 19, 2019 | Supplier payments
Why use cards? Procurement cards or company credit cards are convenient. Cards are widely accepted. They can be linked to phone payment facilities like Apple Pay and Samsung Pay. Wechat Pay is more used than cash going into the 2020’s in China. Cards excel in...
by Wayne Merry | Nov 13, 2019 | Employee expenses, Supplier payments
What is petty cash? Petty cash is a control around cash. It consists of cash and receipts kept in a box. Petty cash then has rules about how to manage what goes in and out of that box. Petty cash exists to fund small expenses in an office or other incidentals. It is...
by Wayne Merry | Nov 11, 2019 | Customer payments
Your online customers can’t pay you cash. You need to receive payments through some online mechanism. Your choices include Paypal, Stripe or using a payment gateway. No matter which method you choose, you will incur processing fees. How should you record these...
by Wayne Merry | Jan 16, 2019 | Business, Supplier payments
Business, Supplier payments 5 Safeguards You Can Use to Defend Yourself Against Fake Invoices Wayne Merry January 16, 2019 Fraudsters and criminals are always looking for soft targets. Hundreds of years ago, defenseless people were held up on highways and told to hand...
