Chefsuccess.com a Community for Pampered Chef Consultants  

Go Back   Chefsuccess.com a Community for Pampered Chef Consultants > Administrative > Business Tips > Accounting & Budgeting



Notices

Reply
 
Thread Tools
Old 02-03-2009, 06:17 PM   #1
 
ChefChris's Avatar
 
Location: Minnesota
Posts: 140
Best Show: $1404
Experience: 2+
# of Shows: 100
My Mood:
Unhappy show debit 5 days instead of 8 -10 days?

Has anyone else noticed that HO is debiting our accounts for shows only 5 days after closing? Last year I thought it was 8 to 10 days after closing a show they would take out the money from a show from our account. But now I am noticing that it is only about 4-5 days after closing? So we really need to make sure we have all the outside orders in before the show and outside orders after the show should be by cc. I was waiting for some checks and thought I had time but I got an overdraft instead. Is this just me or is it happening to everyone else?
ChefChris is offline   Reply With Quote
Old 02-03-2009, 06:22 PM   #2
 
pkd09's Avatar
 
Location: Maumee Ohio
Posts: 1,470
Best Show: 1300
Experience: 4+
# of Shows: 290
My Mood:
Default Re: show debit 5 days instead of 8 -10 days?

I did notice payment was coming out soon. I don't close a show until I have all the money but now this shorter time keeps us all on our toes. Just as long as it is long enough in case we deposit a NSF check.
pkd09 is offline   Reply With Quote
Old 02-03-2009, 06:32 PM   #3
 
thecougchef's Avatar
 
Location: Tacoma, Washington
Posts: 748
Best Show: 3102
Experience: 0+
# of Shows:
Default Re: show debit 5 days instead of 8 -10 days?

ive always had mine debited right about the same time i get the shipment confirmation email. so usually about a week. sorry yours overdrafted thats never any fun.
thecougchef is offline   Reply With Quote
Old 02-03-2009, 06:37 PM   #4
 
wadesgirl's Avatar
 
Location: Iowa
Posts: 8,284
Best Show: 2009
Experience: 3
# of Shows: 216
My Mood:
Default Re: show debit 5 days instead of 8 -10 days?

Legally you shouldn't be sending in anything without proper payment - it's called bank fraud in some states. I never close a show without all the payments needed. I close all my shows over the phone and have any outside orders after the show write checks out to the host that way she can give me one big payment over the phone. And if I do have to wait for a check, I make sure the host knows I do not submit their show until the checks arrive.
wadesgirl is offline   Reply With Quote
Old 02-03-2009, 06:58 PM   #5
 
TerraOB83's Avatar
 
Location: East Canton, Ohio
Posts: 208
Best Show: 890
Experience:
# of Shows:
My Mood:
Default Re: show debit 5 days instead of 8 -10 days?

I have one show now that has been shipped but they havent taken any money out of my account yet but i have 2 others i submitted on the 31st and the money has been taken out already its weird
TerraOB83 is offline   Reply With Quote
Old 02-03-2009, 06:59 PM   #6
 
pamperedlinda's Avatar
 
Location: Georgia
Posts: 9,963
Best Show: 2258
Experience: 4+
# of Shows: 253
My Mood:
Default Re: show debit 5 days instead of 8 -10 days?

Mine usually debits @ 5 days after submission.
pamperedlinda is offline   Reply With Quote
Old 02-03-2009, 08:13 PM   #7
 
chefsteph07's Avatar
 
Location: Grafton OH
Posts: 2,692
Best Show: 1236
Experience: 7
# of Shows: 342
My Mood:
Default Re: show debit 5 days instead of 8 -10 days?

I submitted a show last monday that was on hold until Wed and they took the money on FRIDAY...everyone needs to make sure their cash is in the bank instead of waiting around like I usually do! Thankfully I had the money in when they took it on Friday but it was totally unexpected...
chefsteph07 is offline   Reply With Quote
Old 02-03-2009, 08:16 PM   #8
 
pcchefjane's Avatar
 
Location: SE Tennessee
Posts: 2,741
Best Show: 1202!
Experience: 2
# of Shows: 72
My Mood:
Default Re: show debit 5 days instead of 8 -10 days?

I always deposit everything before submitting... It is usually 7-10 days later but I don't want to take a chance. I love the Host from my last Show. It is my Credit Union and the staff all transfer their money to the Host...then she transfers all the money to my account! It's so easy that way and no chance of overdrafts!
pcchefjane is offline   Reply With Quote
Old 02-03-2009, 08:19 PM   #9
 
lauradahl's Avatar
 
Location: The Frozen North
Posts: 292
Best Show: 2913
Experience: 3
# of Shows: 121
My Mood:
Default Re: show debit 5 days instead of 8 -10 days?

I usually leave myself a few $$$ in there as a cushion. Not everyone can afford to do that, I understand, but it gives me assurance anyway.
lauradahl is offline   Reply With Quote
Old 02-03-2009, 08:53 PM   #10
 
pampchefrhondab's Avatar
 
Location: Northern Indiana
Posts: 2,584
Best Show: $1,800
Experience: 5+
# of Shows:
My Mood:
Default Re: show debit 5 days instead of 8 -10 days?

Wow, I had one show this month and didn't really pay any attention to how fast it came out of my account. Thank you for giving us the heads up!
pampchefrhondab is offline   Reply With Quote
Old 02-03-2009, 09:24 PM   #11
 
Ann F's Avatar
 
Location: Texas
Posts: 688
Best Show: 1200
Experience: 5
# of Shows: 228
My Mood:
Default Re: show debit 5 days instead of 8 -10 days?

I don't know if it's in P&P or if it was my director telling me, but I've always been under the impression it was s'posed to be 4 days after submission. I've never had one drawn that soon, though.
Ann F is offline   Reply With Quote
Old 02-04-2009, 08:38 AM   #12
 
heather223's Avatar
 
Location: Ohio
Posts: 1,226
Best Show: 1141
Experience: 2
# of Shows: 35
My Mood:
Default Re: show debit 5 days instead of 8 -10 days?

I agree that it is coming out sooner and yes we all need to be on our toes!! I made my husband run a deposit to the bank this morning and it was a good thing the show is coming out today!
heather223 is offline   Reply With Quote
Old 02-04-2009, 08:47 AM   #13
 
pampchefrhondab's Avatar
 
Location: Northern Indiana
Posts: 2,584
Best Show: $1,800
Experience: 5+
# of Shows:
My Mood:
Default Re: show debit 5 days instead of 8 -10 days?

My debits are always first thing in the morning. I have to have the money in the night before.
pampchefrhondab is offline   Reply With Quote
Old 02-04-2009, 09:19 AM   #14
 
pamperedpals's Avatar
 
Location: Roy, WA
Posts: 2,091
Best Show: 1035
Experience: 2
# of Shows:
My Mood:
Default Re: show debit 5 days instead of 8 -10 days?

Quote:
Originally Posted by pkd09 View Post
I did notice payment was coming out soon. I don't close a show until I have all the money but now this shorter time keeps us all on our toes. Just as long as it is long enough in case we deposit a NSF check.
I just had a guest's check bounce back to me and at first it didn't cause an overdraft, however, she didn't pay me as she indicated she would, now the check caused an overdraft. I resubmitted her check yesterday after checking with her bank that the funds are available.

I have left numerous messages and am going to send her a letter in the mail tomorrow (certified) that I need to recoup the fee's for the overdraft. DH wanted to to charge her that from the beginning.

I am a little nervouse because she is a host of mine for March. Is it okay for me to ask for cash or credit card only if she does follow through with her show?
pamperedpals is offline   Reply With Quote
Old 02-04-2009, 09:24 AM   #15
 
merego's Avatar
 
Location: cincinnati, ohio ( east side)
Posts: 2,015
Best Show: 2200.0
Experience: 1+
# of Shows: 101
My Mood:
Default Re: show debit 5 days instead of 8 -10 days?

a cushion is good it you have it. I had someone bounce a check on me, a $300 check that I am still trying to get worked out and I am having to take him to small claims court b/c the hostess gave him the products AFTER I specifically asker her not too. I was PI$$ED beyond words. This happened in November too.
merego is offline   Reply With Quote
Old 02-04-2009, 10:04 AM   #16
 
Location: Nucla, CO
Posts: 60
Best Show: 1300.
Experience: 0
# of Shows: 4
My Mood:
Default Re: show debit 5 days instead of 8 -10 days?

I have ran into people having bad checks. I don't have enough money right now to have a buffer.
Sheleif is offline   Reply With Quote
Old 02-04-2009, 11:17 AM   #17
 
pamperedpals's Avatar
 
Location: Roy, WA
Posts: 2,091
Best Show: 1035
Experience: 2
# of Shows:
My Mood:
Default Re: show debit 5 days instead of 8 -10 days?

Quote:
Originally Posted by merego View Post
a cushion is good it you have it. I had someone bounce a check on me, a $300 check that I am still trying to get worked out and I am having to take him to small claims court b/c the hostess gave him the products AFTER I specifically asker her not too. I was PI$$ED beyond words. This happened in November too.
Wholy cow Meredith. I am sure you were beyone PI$$ED. I would definately been seething.

Quote:
Originally Posted by Sheleif View Post
I have ran into people having bad checks. I don't have enough money right now to have a buffer.
I there with you, not having the $'s for the buffer.
pamperedpals is offline   Reply With Quote
Old 02-08-2009, 06:10 AM   #18
 
ChefMary412's Avatar
 
Location: Worcester Area, MA
Posts: 603
Best Show: $1148
Experience: 2
# of Shows: 105
My Mood:
Default Re: show debit 5 days instead of 8 -10 days?

I had a check--- reversed or something like that? It basically cleared and then uncleared since the check writer did not have the money. I found out one day before home office was going to debit my account... luckily I had a little extra in savings to transfer over... it was a $150 check!
She was a great customer and wrote another check.. it was just really stressful.
I too cannot really have a buffer now... good old daycare is wiping us dry!
ChefMary412 is offline   Reply With Quote
Old 02-08-2009, 09:29 AM   #19
 
mamadugan's Avatar
 
Location: Beatrice,Ne
Posts: 58
Best Show: 1,120
Experience:
# of Shows: 14
My Mood:
Default Re: show debit 5 days instead of 8 -10 days?

I had this happen to me and now I am on money order till JULY!!! I submitted a show in December, they didn't take it out until when I was at leadership. Well, in the meantime, my hubby wrote a check on my account thinking I had 700.00 in the account....(while I was at leadership) I didn't know till I got home and got a letter from Denise at home office. She said that I can't submit shows via PP3 until July....I have to do money order....REALLY sucks!! I had 9 shows in January and only 3 of them counted for my Disney points.
I called my director....her director called Susan Kaufman and I guess the uppers have mtgs with Marla next week and they are going to discuss this. Next week. We will see what happens. I am so stressed about this. I AM BUMMED!!
mamadugan is offline   Reply With Quote
Old 02-08-2009, 04:54 PM   #20
 
pcchefjane's Avatar
 
Location: SE Tennessee
Posts: 2,741
Best Show: 1202!
Experience: 2
# of Shows: 72
My Mood:
Default Re: show debit 5 days instead of 8 -10 days?

Quote:
Originally Posted by mamadugan View Post
I had this happen to me and now I am on money order till JULY!!! I submitted a show in December, they didn't take it out until when I was at leadership. Well, in the meantime, my hubby wrote a check on my account thinking I had 700.00 in the account....(while I was at leadership) I didn't know till I got home and got a letter from Denise at home office. She said that I can't submit shows via PP3 until July....I have to do money order....REALLY sucks!! I had 9 shows in January and only 3 of them counted for my Disney points.
I called my director....her director called Susan Kaufman and I guess the uppers have mtgs with Marla next week and they are going to discuss this. Next week. We will see what happens. I am so stressed about this. I AM BUMMED!!
Hmmm...your DH is lucky you didn't hurt him over that one! That's sure messed up your business and slowed down your show submissions!

I submitted my show last Sunday and they took out the money on Thursday. That was the one that the Credit Union where I bank transferred all the money into my account so I had no checks...just pure cash! Love that Host!
pcchefjane is offline   Reply With Quote
Reply
Thread Tools


Similar Threads
Thread Thread Starter Forum Replies Last Post
12 Days of Christmas Catalog Show Spring Flyers & Letters 12 08-09-2009 10:20 AM
My first cooking show is only 20 days away! ahammons Increasing Sales 2 08-02-2007 08:24 PM
Gift for hosts...that do a show in our first 30 days? smilesarepriceless Increasing Sales 5 07-15-2007 09:41 AM
my FIRST show is in TWO days !! flame_chick Chef's Lounge 9 08-22-2006 03:19 PM
Restricted Show Days pchefinski Bookings 14 01-24-2006 05:28 PM


Powered by vBulletin® Version 3.7.6
Copyright ©2000 - 2010, Jelsoft Enterprises Ltd.
Search Engine Friendly URLs by vBSEO 3.2.0 RC8
(C) 2010 Chefsuccess.com a Pampered Chef Community
ChefSuccess.com is in NO WAY affiliated with The Pampered Chef, Ltd.
ChefSuccess.com takes no responsibility for the content of the posts contained in this site.