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paying vendors in cash. would you have them sign something?

Original post by kap123

Hi,
we are planing to pay some vendors cash.
I think its a good idea to have them sign something that they got paid in full etc.
What does everyone thinks?
Does anyone has any sample of paper to sign?
Thanks
KrisCharl Posted:

Re: paying vendors in cash. would you have them sign something?

yes

VCanizalez Posted:

Re: paying vendors in cash. would you have them sign something?

They always give receipt... we have pay in cash and ALWAYS received a receipt

HSsweethearts Posted:

Re: paying vendors in cash. would you have them sign something?

You should always get a receipt and/or have the payments written onto the contract and initialed by them

Alannah22 Posted:

Re: paying vendors in cash. would you have them sign something?

You should get a receipt. We are paying our photographer in cash and we got the receipt and next to the deposit line they put paid in cash with the date we paid.

EmilyandPeter Posted:

Re: paying vendors in cash. would you have them sign something?

I'm paying in cash for everything and I have documentation for everything.

lisam1113 Posted:

Re: paying vendors in cash. would you have them sign something?

No matter how we pay we ALWAYS ask for a receipt!

SUbride10_08_11 Posted:

Re: paying vendors in cash. would you have them sign something?

If you are paying final payments the day of in cash, have a spreadsheet with who you owe what, and a spot for you and them to sign and date. In our case our DOC will be signing with them and distributing the final payments, but she will be getting signatures from every vendor she pays.

Notwedyet08 Posted:

Re: paying vendors in cash. would you have them sign something?

whether booking in cash or check or CC. Get a receipt! and have them stamp it paid in full!!

Even if you're doing cash to save on tax; you still need a receipt to prove the services have been paid for

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