Presentation is loading. Please wait.

Presentation is loading. Please wait.

Finance With Geoff Jorgensen. General overview Commissions Order Payment Accounts Receivable Questions to ask Geoff.

Published byWillis Houston Modified over 8 years ago

Similar presentations

Presentation on theme: "Finance With Geoff Jorgensen. General overview Commissions Order Payment Accounts Receivable Questions to ask Geoff."— Presentation transcript:

1 Finance With Geoff Jorgensen

2 General overview Commissions Order Payment Accounts Receivable Questions to ask Geoff

3 Random Chuck Norris Fact #1 When Chuck Norris does a pushup, he isn't lifting himself up - he's pushing the Earth down.

4 Commissions When do we get paid? What do we get paid for? How much to keep for Uncle Sam? Commission Levels: $0 - $7499 = 10% $7500 - $14,999 = 12.5% $15,000 - $GOAL = 15% > GOAL = 2.5% Bonus

5 Order Payment Acceptable Forms of Payment Credit Card, Debit Card, Check, Cash, Money Order, School PO Must be one singular payment Not Acceptable Forms of Payment

6 Payment Options Credit Card Send Invoice

7 Random Chuck Norris Fact #2 Chuck Norris can tie his shoes with his feet.

8 Card on File We require all customers to place a credit card on file before an order can be processed The card on file will not be charged until the invoice reaches 30 days past due Do not check out on orders for your customers and place your personal card on file Have the customer checkout on his/her own order and place a valid credit card on file

9 School POs Card on file Follow up with financial office

10 Random Chuck Norris Fact #3 Chuck Norris ordered a Big Mac at Burger King, and got one.

11 Accounts Receivable All order payments are due on the delivery date <30 Days Overdue >30 Days Overdue >60+ Days Overdue

12 Art Fee A/R Policy <30 days overdue >30 days overdue A CM can eat these costs by taking $12.50 from commiss ions

13 Chuck Norris T-Shirt Idea

14 Questions for Geoff Something went wrong with my deposit. Any questions regarding customer payment Any questions about a late payment Any tax questions

15 The Man in Action! http://www.youtube.com/watch?feature=play er_detailpage&v=f67LgpJBPPEhttp://www.youtube.com/watch?feature=play er_detailpage&v=f67LgpJBPPE What questions do you have?

16 090 00 2 876543215 1 004987654321039876543210987654321021987654321098765432100 HoursMinutesSeconds What are your take-aways?

17 090 00 1 876543215 0 004987654321039876543210987654321021987654321098765432100 HoursMinutesSeconds What are your take-aways?

Download ppt "Finance With Geoff Jorgensen. General overview Commissions Order Payment Accounts Receivable Questions to ask Geoff."

Similar presentations

Auto Cash Posting and Credit Card Payments Presented by: Nancy Ross and Jana Smith.

Auto Cash Posting and Credit Card Payments Presented by: Nancy Ross and Jana Smith.
Product Manager calls Cotton Fruit to confirm order of 504 towels Finance department receives confirmation from product department and mails check to.

Product Manager calls Cotton Fruit to confirm order of 504 towels Finance department receives confirmation from product department and mails check to.
1 FTD Mercury Accounting Module. 2 4 Basic Concepts What kind of data is transferred\exported to Quickbooks. How FTD Mercury exports sales data to Quickbooks.

1 FTD Mercury Accounting Module. 2 4 Basic Concepts What kind of data is transferred\exported to Quickbooks. How FTD Mercury exports sales data to Quickbooks.
Learning Targets Chapter 10

Learning Targets Chapter 10
 Before registering or looking up classes for the first time each semester, students must accept the Financial.

 Before registering or looking up classes for the first time each semester, students must accept the Financial.
A simple, lower cost Financial Management solution for your Association.

A simple, lower cost Financial Management solution for your Association.
Lessons Learned Data and Asset Security FOCUS Spring 2006 Chuck Banner UVA-Wise.

Lessons Learned Data and Asset Security FOCUS Spring 2006 Chuck Banner UVA-Wise.
Sold merchandise to a customer on account, customer is tax exempt.

Sold merchandise to a customer on account, customer is tax exempt.
Frank Wood and Alan Sangster, Frank Wood’s Business Accounting 1, 12 th Edition, © Pearson Education Limited 2012 Slide 16.1 Chapter 16 Returns day books.

Frank Wood and Alan Sangster, Frank Wood’s Business Accounting 1, 12 th Edition, © Pearson Education Limited 2012 Slide 16.1 Chapter 16 Returns day books.
SECTION 2: WHAT IS CREDIT Unit 6: Credit. I Can: Differentiate Credit Cards from Debit Cards Describe the importance of APR Define and apply: credit limit,

SECTION 2: WHAT IS CREDIT Unit 6: Credit. I Can: Differentiate Credit Cards from Debit Cards Describe the importance of APR Define and apply: credit limit,
Welcome to Eureka. Credit & Payment VHA: (Handsets) Payment Method is assigned during account setup & determined by credit eligibility.

Welcome to Eureka. Credit & Payment VHA: (Handsets) Payment Method is assigned during account setup & determined by credit eligibility.
Money Matters Student Financial Services Orientation 2011.

Money Matters Student Financial Services Orientation 2011.
Dealing with Money Matters: Temple University Bursar’s Office

Dealing with Money Matters: Temple University Bursar’s Office
Labor Unions and Credit. Labor Unions Association of workers organized to improve wages and working conditions for its members. A group has more power.

Labor Unions and Credit. Labor Unions Association of workers organized to improve wages and working conditions for its members. A group has more power.
Chapter © 2010 South-Western, Cengage Learning Checking Accounts and Banking Services 9.2 9.2Banking Services and Fees 9.

Chapter © 2010 South-Western, Cengage Learning Checking Accounts and Banking Services Banking Services and Fees 9.
Credit Receiving something now and promising payment at a later time. Principle: Actual cost of the good or service. Interest: Amount paid for the use.

Credit Receiving something now and promising payment at a later time. Principle: Actual cost of the good or service. Interest: Amount paid for the use.
 Advances & Clear Advances  Foreign Vendors  Manual POs  Wire Transfers.

 Advances & Clear Advances  Foreign Vendors  Manual POs  Wire Transfers.
Master Chef 2.08 Reports You can access all Reports by clicking on Report Button on first screen.

Master Chef 2.08 Reports You can access all Reports by clicking on Report Button on first screen.
Chapter 6, Section 5. What is the one of the primary goals when checking out a guest? To make sure that the guest wants to return for a future visit.

Chapter 6, Section 5. What is the one of the primary goals when checking out a guest? To make sure that the guest wants to return for a future visit.
 www.creditcardcritic.com/a dvice/glossary.htm www.creditcardcritic.com/a dvice/glossary.htm.

 dvice/glossary.htm dvice/glossary.htm.

Similar presentations

Ads by Google