Any expenditure is deemed to be paid for in one way or the other; this includes the wedding party and unique wedding favors for your guests.
The easiest way to clear the favors bill is to carry cash money to do the purchases.
Many shops welcome the cash payment due to the finality of the deal.
No invoicing or extra charges required afterwards.
The bride or the groom is free to carry home all they have paid for.
For large amounts of money it is unsafe to use this method for one takes the risk of being way laid and robbed of the money.
A sales receipt is issued to confirm the transaction and to be used if the product is found to faulty or substandard.
For favors sale that is huge in amount most of the suppliers will request other modes of payments as checks.
The checks that are most welcomed are the banker's check which seldom fails to go through.
In situations where the couple is known to the supplier personal checks are accepted with assurance that there are funds in the issuers account.
The supplier waits for the check to mature before issuing the ordered gifts to the bride and the bride groom.
If the personal check is accepted and when banked it refuses to go through the couple is held responsible for all the charges that come with it.
The supplier should have a hatch on how to regain his products or the money from the buyer.
In some transactions, depending on the security of the area the supplier has a shop he might demand the buyers to do cash transfers or deposits.
The couple deposits the agreed amount into and account run by the seller and presents the deposit slip as evidence.
This enhances safety and reduces the chances of the supplier holding liquid cash with him.
Small purchases can be done through cash payment to enable the store to have little petty cash other for small spending as in postage, wages and other overheads.
Credit card payments have become very popular today.
This is due to its elimination of carrying cash with you which is prone to be lost through theft or misplacement.
Some credit card companies encourage spending by negotiating discounts with the suppliers which is then given to the card holder.
Also the ability to spend with necessarily having cash is also an advantage.
The use of credit cards for buying favors and other items should be disciplined to avoid over burdening yourself with debts.
The disadvantage of this method is that it leads on to have impulse buying which is not healthy to your finances.
As competition rages suppliers have come to include other formerly unconsidered methods of payments; as trade- in where the customer brings an item to pay for another.
You can offer an item as you television to pay for your wedding party and unique wedding favors.
You will both value and agree on the amount it is worth and the customer is either added or adds cash to reach the cost of the gifts.
In other cases there is exchange for gifts with other goods or services; barter trade.
The couple gives the supplier a service of goods of value to him hence he responds with the favors.