Cash on delivery with postal money transfer

Ordinance No. N-18 of the Ministry of Finance obliges traders to issue a till receipt for every sale — except when the payment goes through as a postal money order via a licensed postal operator. This is exactly how cash on delivery works with us: you pay the courier, and the courier transfers the amount to the company by bank transfer.

What is the difference

• Standard cash on delivery — the courier collects the money and hands it over to the trader in cash. In that case the trader is obliged to issue a till receipt.
• Cash on delivery with a postal money order — the courier transfers the amount to the trader's bank account and gives you a receipt. No till receipt is required. This is how it works with Speedy deliveries.
• Cash on delivery with a till receipt — the courier issues a till receipt on the trader's behalf. This is how it works with Econt deliveries; details can be found on the Cash on delivery with a till receipt page.

Keep the receipt. It proves that you have paid — particularly when entering the invoice into your accounts.

1. Attach the receipt to the invoice. The postal money order receipt is the document evidencing payment.
2. Enter the invoice in your accounts as paid in cash — on the basis of the receipt.
3. Do not expect a till receipt. None is issued for this purchase — the receipt replaces it.

You enter your invoice details — company name, company number, authorised representative and address — on the order page.

This text is for information only and does not constitute accounting advice. If in doubt, please consult your accountant.