Running your business on SnapLedger · Tailor Shop · Lesson 2 of 7
The price and the deposit
2:11 · Captions: English, Arabic, French and Chinese.
A price worked out on a calculator, a deposit in the drawer, and one line in the book. At collection, nobody is quite sure what's still owed. In this lesson, the price comes from Zari Lane's own price list, and the deposit lands in the books the moment it's paid.
What you'll learn
- Price the order from the shop's own price list
- Turn the customer's yes into the deposit invoice
- Take the deposit in cash and see it on the order
Step by step
- Price it from the list — Zuhair prices the order from Zari Lane's own price list, one occasion at a time. The wedding day first. Two kurta sets for the mehndi. And the bandi: he's brought the fabric, so it's priced for the stitching only.
- The quotation — One press makes the quotation at the shop's prices, with its usual terms printed underneath: half with the order, the rest at collection.
- Customer approved — Mr Mehta agrees on the spot. Zuhair marks the quotation approved, and SnapLedger offers to invoice straight away.
- The deposit invoice — The deposit invoice starts from the quotation. Zuhair keeps one line, half, as the terms say, and issues it, with its VAT. It comes out numbered, under the shop's name and tax number, with the bank details at the foot for anyone who pays by transfer.
- Cash at the counter — Mr Mehta pays the deposit in cash. Zuhair records it in the till's book, against the deposit invoice, and Mr Mehta gets his receipt by e-mail. The till shows it straight away, against his invoice: the cash is in the books the same day, and Sanjay sees it without setting foot in the shop.
- The order's money — Here's the difference. On the order, Zuhair can see what was agreed, what's been paid in cash, and what's left to invoice at collection. No more searching the book when Mr Mehta comes back.
Next: the fabric. The shop's shelf, his own brocade, and the cut.