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It is also common for LT to collect payment from participants or non-LT participants to purchase LT items such as t-shirts, etc. Those can be paid for using the same system below. These payments will be booked directly to 5600 (cost of sales) on the LT budget.
Payment Collection for non-Program Fee purchases listed above:
You can collect payments via checks written to Reliant, or if needed, the individual can pay the LT Finance Admin directly through a bank transfer system such as Zelle or cash.
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- Option 2: LT Finance Admin receives payment from individual(s) through Zelle or another bank transfer system
- If the individual pays the LT Finance Admin via Zelle or another electronic bank transfer system, then the LT finance administrator will need to go buy a money order on behalf of the individual(s) that could only give online payment send one check and it should be written to Reliant for that total amount of cash/online money collected from all the individuals. A note must be attached to that money order detailing the names and amounts for each individual that paid. Please mark the memo line as “cash payments received”.
- Option 3: LT Finance Admin receives payment from individual(s) through cash
- If individuals have to pay in cash (FYI you cannot send cash to Reliant) the best way to receive this is to have them send a check or purchase a money order made out to Reliant and signed by the participant (usually costs between $3-$5 at your local grocery store, convenience store or bank) for the exact amount needed and use that in place of cash.
- Or, the individual(s) can give the LT finance administrator the cash directly, and then the Finance Admin will need to go buy a money order on behalf of the individuals that could only give cash/online payment and it should be made out to Reliant for that total amount of cash/online money collected from all the individuals. A note must be attached to that money order detailing the names and amounts for each individual that paid. Please mark the memo line as “cash payments received”.
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