Explain procedures for handling monetary transactions in the veterinary business (e.g., veterinary medical services, grooming, and boarding).
Explanation should include
- a breakdown of price for products and services (e.g., itemized invoice)
- method of markup
- illustration of mathematical work to determine retail price
- procedures for counting back change
- generating and providing receipts to clients.
Process/Skill Questions:
- Why is it important to have records and receipts of transactions?
- Why should there always be two people to count money/receipts?
- What information should be included on a receipt?