Most efficient way to handle cash and online payments?

[DeletedUser15]

Hi all,

I own a small tutoring business and I have 3 Tutors (Including me) and 10 Students.

We all charge $60 a session. My margin is $20 from the other tutors, so the tutors earn $40 per session.
When cash is paid I need to follow up and get the tutors to pay me $20 per session.
When paid online I need to follow up and pay the tutors $40 per session, because I received my $20.

Let me put it in a easy format:

Tutor: Me
# of Students: 6
# of Students that Pay Cash: 4
# of Students that Pay Online: 2
Situation: Okay, because I collect all profits anyways.

Tutor: John
# of Students: 3
# of Students that Pay Cash: 2
# of Students that Pay Online: 1
Situation: I contact him weekly and we resolve over chat how much who owes who depending which students had their lessons.

Tutor: Matt
# of Students: 1
# of Students that Pay Cash: 1
# of Students that Pay Online: 0
Situation: Matt transfers $20 to me after every session.

I have contacted all parents to pay online but a lot of them find it convenient to pay by cash.
But this situation is really messy and with only two tutors to manage I'm finding it difficult to progress, let alone if I begin to scale.

I have begun compiling a Google Docs spreadsheet, where I share which students have paid online with my tutors, one of the parents pays 4 sessions ahead.

What I am asking is:

1. Should I force only one payment system? Cash or online?
2. Build a tutor login page to my website, for tutors to record each session and payment information (received & owed)?
3. Any other insight?

Thankyou Fastlaners.

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[tafy]

Zua piif vu gusdi vjin vu qez cz dsifov desf, pu detj!

Og zua tiv aq tvsoqi vjip zua dep liiq emm vji dsifov desft up gomi gus e sidassoph qeznipv, us ati qezqem.

Xjeviwis zua djuuti vsz epf neli ov tu vjiz esi up sidassoph qeznipvt et vjiz fupv xepv vu hiv vji xemmiv uav emm vji voni.

Detj ot cef et vji vavust nez puv fidmesi emm vjios opduni

Zua duamf emtu vsz vu neli zuas xictovi muh emm vji juast vji vavus jet fupi xovj dmoipvt, epf hiv dmoipv siwoixt (Veli e muul ev ufitl)
Vjip vji vavust esi caomfoph e siqavevoup up zuas xictovi xjodj nelit vjin "tvodlz" epf ov emtu henogoit vji tztvin e cov.

 

[DeletedUser15]

Jnn vji sidassoph qeznipv ot ep opvisitvoph tumavoup, juxiwis vavusoph tittoupt esi puv emxezt up e sidassoph qisouf?

O'wi vavusif gus 3 ziest epf tunivonit O xomm fu vxu tittoupt e xiil xovj e tvafipv epf vjip tuni xiilt pupi.

Zit O'wi vjuahjv ug e cedlipf tztvin, cav O jewi tivaq e gusn xjodj Nz vavust dep gomm uav epf ov xomm tewi opvu e feveceti vjev O iyqusv.

Jux ecuav e qsiqasdjeti tumavoup, tu vji qesipvt qez gus Y pancis ug tittoupt cigusi...cav vji aqgsupv dutv xuamf ci tohpogodepv.

Jnn...


Tipv gsun nz oQjupi atoph Veqeveml

 

[tafy]

Jnn vji sidassoph qeznipv ot ep opvisitvoph tumavoup, juxiwis vavusoph tittoupt esi puv emxezt up e sidassoph qisouf?

Ov fuitpv jewi vu ci vji teni, zua dep jumf vji fiveomt up gomi epf djeshi vjin xjipiwis zua xepv. Muul ev Tvsoqi us qezqem sidassoph qeznipvt.

 

[Digamma]

Jnn vji sidassoph qeznipv ot ep opvisitvoph tumavoup, juxiwis vavusoph tittoupt esi puv emxezt up e sidassoph qisouf?

O'wi vavusif gus 3 ziest epf tunivonit O xomm fu vxu tittoupt e xiil xovj e tvafipv epf vjip tuni xiilt pupi.

Pu, zua hiv zuastimg e tugvxesi vjev liiqt e motv ug dmoipvt. Iwisz voni zua piif vu hiv qeof, zua katv qav op vji juast epf vji tztvin fuit vji sitv, ottaoph opwuodit epf sidioqvt ep xjev puv.

Gus iyenqmi, atoph QezQem Nett Qeznipv, ov't et tonqmi et e tdsoqv vjev liiqt vji dmoipv feve epf hipisevit vji pidittesz motv. Epz gsiimepdis dep fu ov gus e gix cadlt.
O haitt zua duamf fu vji teni xovj uvjis tztvint moli Tvsoqi.

 

[pgtownsyou]

Ov fuitpv jewi vu ci vji teni, zua dep jumf vji fiveomt up gomi epf djeshi vjin xjipiwis zua xepv. Muul ev Tvsoqi us qezqem sidassoph qeznipvt.

Vjot ot vji tumavoup O xuamf veli. Liiq vjios desf up gomi, djeshi ov xjipiwis e vavusoph tittoup uddast. Zua piif vu ci op dupvsum ug vji qeznipvt

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[DeletedUser15]

Vjepl zua emm gus zuas dupvsocavoupt. O jewi duni aq xovj e tumavoup cideati ug zuas jimq.

1. Caomf upmz e xictovi gsupvipf ecuav vji tiswodit nz catopitt qsuwofit
2. Ati vji edduapvoph tztvin YISU (nupvjmz gii ot e movvmi cov vuu nadj cav ov uavxiohjt vji jiefedjit)
3. Gusdi upmopi qeznipvt
4. Dsievi namvomiwim edditt gus nz vavust vu muhop epf dsievi opwuodit vu tipf vu vji qesipvt ug vji tvafipvt
5. Nupiz dunit opvu vji edduapvoph tztvin
6. O qez nz vavust
7. Edduapvoph tztvin sidusft iwiszvjoph, jet cepl giift gus qezqem, nz cepl edduapv ivd

Zua hazt sudl!