I am approaching 80yrs old and have not been paid cash for half a century. While I have no records of how much cash I spend I doubt if I spend £20 cash a year! I do keep some cash in hand -just in case - and have fallen into the trap - they went out of date - honest. Cash is the dark days.The only reason I can think anyone needs cash is for the black economy and to keep secrets from the wife/mistress! Why do you need cash - all stores take cards - they do not mind even for one paper.
Please tell me I am wrong - you still go to the bank and draw out wages the same time and the same day or you have to store the cash . I hope the rest of your business is more up to date (joke). "Wids001" I have never had any bank charges - they do give me the odd penny if i leave a large sum in!
Blackhat."Some of my staff do not have bank accounts!"
I thought it was us crinkly's that do not understand high tec! Having used cheques/cards for so long i can not imagine how i would cope without a card (cheques will be gone soon).Just paying bills would be a problem without a card/bank.Do people realy go into a pub/restaurant and pull out a great wad of notes and queue at the bank to pay the gas/elec?
I am not asking for info but it may be worth while to ask your accountant how much it costs to pay cash as apposed to a more efficient method. You could always help your staff by introducing them to a bank.