lunademiel
02-09-2012, 01:26 PM
Hello Everyone,
I am wondering how you all handle deposit cheques. I'm new to the business.
I require all new DC families to provide two weeks deposit which goes towards their last two weeks care if they give appropriate written notice. So I have received a cheque for the required amount. Do I have to claim this as income now or later? I plan to deposit the cheque into a savings account so I have it for when the child is on their last two weeks of care.
Thanks in advance!
I am wondering how you all handle deposit cheques. I'm new to the business.
I require all new DC families to provide two weeks deposit which goes towards their last two weeks care if they give appropriate written notice. So I have received a cheque for the required amount. Do I have to claim this as income now or later? I plan to deposit the cheque into a savings account so I have it for when the child is on their last two weeks of care.
Thanks in advance!