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This is pos sale cash advance where a customer obtain money from his/her credit card at pos terminal.

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13y ago

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What is a point of sale terminal?

A cash register.


What is point of sale terminal?

A cash register.


when is considered the point of sale during a transaction?

It is the moment where the register immediately takes the cash from your back account. This is what a point of sale refers to. I hope that this will help you out.


Is a cash advance received from customer considered cash?

Yes, a cash advance received from a customer is considered cash. It represents a payment that the business has received in advance for goods or services that will be delivered later. This amount is typically recorded as a liability on the balance sheet until the service or product is provided, at which point it is recognized as revenue. However, for cash flow purposes, it is treated as cash since it increases the cash balance.


Is there a company in Colorado that will give a cash advance while waiting for a lawsuit settlement?

Advance America Cash Advance, Allied Cash Advance, and Ace Cash Express will all offer a cash advance, while you wait for your lawsuit settlement.


What is meant in retail by the 'point of sale'?

In retail stores the point of sale is where the final transaction is made and completed. This means when a cash desk, cashier or automatic cashier totals up the bill and one pays the final amount, this is the point of sale.


Where can one get a fast cash advance?

One can get a fast cash advance at Cash Money, Cash One and through Mogo. Other ways to get fast cash advances are through Advance Cash and Money Provider.


Is it legal to get a low rate cash advance in Arkansass?

It is legal to get a low rate cash advance. Many employers will give you a cash advance.


How Much Amount Of Cash Advance Will My Business Qualify For?

A small business will usually get a cash advance of as much as a 100-200% of their monthly processing volume. Business owners do not realize that their future credit card receivable is an asset even before the sale is made.


What is the difference in the receipt received by a customer from a cash register versus a point of sale terminal?

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Where can one get an approved cash advance?

Approved cash advances can be obtained from many different places. Online, the Approved Cash Advance website is the most recommended option for a cash advance.


Under what circumstances would a business require a cash advance?

Any business owner when they are tight in cash flow,they would require a cash advance, even individual people when they are out of cash, will use cash advance.