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What are the benefits of a business charge card?
The benefit of having a business charge card is that you can put all your business expenses on the card. This is easier than having to file an expense claim with your company afterwards.
What are some ways for protecting against credit card fraud?
Someone can prevent credit card fraud by not giving the card number out to unknown sources, not signing blank receipts, keeping receipts to check against the monthly statements, and taking prompt action if there is a questionable charge on the card.
What does credit card receipts mean?
When you make a purchase using your credit card, the cashier will let you sign a piece of paper reflecting the transaction. A copy will be given to you, which is called the credit card receipt.
How long after a purchase can a business wait to charge your credit card?
My merchant service will alow any charge, regardless of the date of sale, as long as I have a physical imprint of the card, and the correct signature (provided the card has not expired)
Can you take the fees credit card companies charge you for accepting credit card cards in your business as a tax write off?
These fees are part of the cost of doing business and reduce your taxable business income the same as other business expenses do.
