[Publib] The Cashless Library

[Mark Arend]

If you are a member of a larger consortium which runs your automation system, on whose books would this money be recorded as a liability:  the consortium’s or the library’s?    If a patron deposits money on their card at library A and then returns overdue items to library B does A send money to B?    

 

Think these things through before you decide to accept deposits.  

 

 

 

 

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Mark W. Arend, Assistant Director

Winnefox Library System

106 Washington Ave.

Oshkosh, WI  54901

(920) 236-5222           fax: (920) 236-5228

 

mailto:arend at winnefox.org <mailto:arend at winnefox.org>                  http://www.winnefox.org/ <http://www.winnefox.org/> 

 

 

Recently read:

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"A popular Government, without popular information, or the means of acquiring it, is but a Prologue to a Farce or a Tragedy."

                         -- James Madison

 

 

  

 

 

 

 

 

 

 

 

 

From: publib-bounces at webjunction.org [mailto:publib-bounces at webjunction.org] On Behalf Of Mindy Kittay
Sent: Thursday, October 01, 2009 3:37 PM
To: gresd at ohoopeelibrary.org
Cc: publib at webjunction.org
Subject: Re: [Publib] The Cashless Library

 

From an accounting standpoint this is not a problem but it must show up in the financial statements as a liability.  There may be some state rules as to how long the money can remain on the card but I am not aware of them.  It is very similar to a gift card in that way - gift cards are not generally refunded nor do you need to notify a customer that they have not used their gift card.

 

Mindy Kittay

Finance Director

Anythinklibraries.org

On Thu, Oct 1, 2009 at 2:28 PM, Dusty Gres <gresd at ohoopeelibrary.org> wrote:

Particularly with the idea of paying $20 and then having the remainder stay as a credit on the patron record I would advise you to check your state’s banking laws…

 

 

Dusty Gres

Director

Ohoopee Regional Library System

610 Jackson Street

Vidalia, GA 30474

http://www.ohoopeelibrary.org <http://www.ohoopeelibrary.org/> 

"Common sense and a sense of humor are the same thing, moving at different speeds.
A sense of humor is just common sense, dancing."
William James

 

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