A few traders will in fact give a cash discount, but don't expect it to be great as the credit-card companies only charge the trader about 3% commission anyway. Any significant cash discount is more likely to mean that the trader has no intention of putting the sale "through the books", but in that case don't expect a receipt! Another point to bear in mind is that if the trader is one of the many high-street stores advertising "interest-free credit" it is actually illegal to give a discount for cash or any other type of immediate payment, as to do so would imply that the full price DOES indeed include an element of interest, and so cannot be properly described as "interest-free". Retailers price the item as a single, cash sale basis. That is the expectation and anything else takes the adjustment. They make additional money on credit sales when they are the ones extending the credit. (Essentially, credit is another product). The incentive of making more sales (that is product and credit), may infact motivate a lower combined price. (Many companies, expecially consumer retailers, make more on the credit they charge on their own cards/accounts than they do on the product they sell). Sales on credit cards issued by others (Visa, MasterCard) are generally at the cash price, (although the retailer pays a fee to the credit card company who takes the risk and costs and effort of providing the credit, essentially to facilitate this sale). Finally, in non retail, more trade situations, discounts for cash, (actually fast payment, normally check), say within 10 days of the billing are very, very common. Many of these bills are sent on a "2% discount if paid in 10 days, total due in 30 days" called 2/10 N30 billing. Very common. That a company takes the discount offered is a sign of good financial management and ability.
Businesses that like to hide part of their revenue from the Tax Man (IRS). If you pay by debit/credit card or cheque every thing is tracable. Taking payments in cash also helps keep banking costs down. Hence it is mostly small businesses that give cash discounts to encourage you to pay them in cash enabling them to control costs and avoid small amounts of tax. Additionally, gas stations are notorious for offering cash discounts.
whenever businessman permits less payment than actual one to the buyer whatever benefit buyer is getting is called discount at the time of purchase or at the time of payment. discounts are of two type trade discount and cash discount. when buyer purchases the product in huge quantity seller gives trade discount and on credit sale seller instruct buyer if buyer will pay the amount within time limt permited by seller he will give cash discount.
After
Cash float is the amount of change in the cash drawer at the beginning of a business day. The cash is broken down into different denominations, enabling a cashier to give change to customers.
A cash office functions to take payments and give change to customers. Individuals who work in a cash office should be good at math.
can you give some example if cash discounts?
The use of cash discounts can help with cash-flow and reduce the cost of transactions in terms of banking fees. This is perfectly acceptable unless designed to attract payments in cash which will not be reflected in the accounts of the business as this would amount to tax evasion depending on your location in the world.
Businesses that like to hide part of their revenue from the Tax Man (IRS). If you pay by debit/credit card or cheque every thing is tracable. Taking payments in cash also helps keep banking costs down. Hence it is mostly small businesses that give cash discounts to encourage you to pay them in cash enabling them to control costs and avoid small amounts of tax. Additionally, gas stations are notorious for offering cash discounts.
There are many merchants who gives discounts to people in the Washington Drug Free Youth program, often called WDFY. Some of these merchants are Applebee's, McDonalds, Aspen Sound, Baskin Robbins and Ionic Burrito. Only certain locations, so it is best that you call ahead to verify. You can get a full list of merchants and locations from the WDFY website.
Delta offers discounts for seniors on flights but they are not available for online purchases. You would have to give them a call to see what the discount is.
Some of the best credit cards for businesses are The Chase Ink Plus Card and The Simply Cash Business Card. Simply cash offers 5% cash back on office purchases and 5% cash back on wireless phone services. Chase Ink plus cards give money back on office suppy purchases, gas and grocery purchases.
Yes they do. I bet you will not find any data to back this up online however. I worked in a dealership for six years, and saw people get anywhere from 3 to 5 percent discounts for paying cash.
RadioShack has a loyalty program that allows customers to earn back money on their purchases, get seasonal coupons and discounts and has a buy back option. If one sells their old electronics to them, they give them money for it.
If you are looking for a credit card that gives you cash back on your purchases you should think about getting a Discover card. Depending on your credit score they give you different rates of cash back.
One of the only ways to find out if they give senior discounts is to ask. Many places do give senior discounts.
I say Anxiotech. It have a lot of very good computer parts there. They're also cheap. They like to give you discounts on purchases. They always have the newest parts.
If you want to limit your web shopping, you can just make purchases for the products that you need mostly. Ignore the products that you don't require from your shopping list. Using coupons can give more discounts on your purchases, therefore you there will be a chance for you to get more savings on your purchases. You can limit your shopping budget but not the orders just with the use of online coupons.