Industry sector:

Aromatherapist: Cash purchases

'Cash purchases' means any payment you make to aromatherapy suppliers with whom you do not have an account. As you don't have an account, you will have to pay for the goods at the time when you buy them.

Examples of the types of supplier from whom you might make Cash purchases include:

  • specialist suppliers from whom you make one-off or infrequent purchases
  • suppliers that require payment at the time of purchase - for example, some online wholesalers require you to pay when you make a transaction
  • suppliers such as a local supermarket from whom you buy general products, such as handwashing soaps

Cash purchases only include items that you buy for use in providing aromatherapy treatments or aromatherapy products intended for resale. They don't include things like tea and coffee bought for use at work, or items such as business stationery. Don't include things like this here. They're covered elsewhere in the cash flow.

Remember to keep safely all the invoices and receipts for Cash purchases, even if the amounts are small.