Agree, cash transaction is risky and time consuming. What if the customer said he sent you the cash, but you don't get it? Who fault is it if the money get lost in the mail?

Cash transaction is just too risky and waste of time.

If some one would of paid threw cash ill tell them to go to local CVS or something and get a money order then mail it to our office.

I think it is a really BAD idea to accept cash in such a business. Cheque would be much safer.

Cash is pretty much un-traceable and it would be your word against theirs weather or not they paid.

At least with credit card or cheque there is some hard proof that payment has been made.

Also it is not really safe to mail cash?

What if its a Money Order is there a difference?

I would say more trusted than a personal cheque.

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

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.

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.

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.