Receivables

Convergence Events Receivables Policy (Updated April 10, 2016)

Convergence Events accepts the forms of payment listed below, in order of preference:

Credit Card – Credit/Debit cards are the preferred method of payment for Convergence Events, via the system designated by the CFO or the CFO’s appointed representative.

Cash – Cash will only be accepted at approved events with prior approval from the CFO or the CFO’s appointed representative. A cash box and seed fund will be provided. The Cash handling Policy will be enforced.

PayPal – If use of a credit card is not an option, a PayPal transfer option is available with prior approval from the CFO or the CFO’s appointed representative by coordinating with the CFO or the CFO’s appointed representative.

Check – Checks may be accepted as a last resort, but only with prior approval by the CFO or the CFO’s appointed representative. Checks may be submitted by mail. Any checks received may not be held for longer than one month. It is recommended that checks be brought to the next ConCom meeting after being received.