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Using Venmo to collect small payments from employees
August 29, 2021
Q. Are there any companies that currently use Venmo to accept payments from employees for small miscellaneous transactions? Our employees were asking if we could accept payments through Venmo for transactions such as the following:- Raffles- COBRA payments- Coffee Mugs- Reimbursing the company for a FedEx or UPS shipment sent on the company account
We have done paycheck deductions for certain things, but creating entries to do so for something like a $5 payment is more work than it's worth.…
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