keeping system accurate it is
positively necessary to keep
track of all expenses— no matter
how small. Be sure to get a re
ceipt of some sort for anything
your money goes out for. This
applies to nuts and candy you
buy, gasoline for your car, re
pair parts, etc. When you draw
your salary out make sure that
you too sign a slip showing the
amount you took. Get the habit
of not touching the money from
your machines unless there is a
receipt of some sort to show
where it went— and what it was
fo r! Keep all your paid receipts
in a separate box so you can post
them to the recap sheet when
you enter the figures from the
location cards.
List A ll Expenses
Just what are expenses seems
to perplex some operators. Let
us straighten out this point
right now! Any money you
spend directly for the servicing
and operation of your vending
route can be shown as an ex
pense on your recap or operat
ing sheet, and these figures must
be used when filing your income
tax for the year.
On the recap sheet there
should be a column headed
“merchandise".
You s im p ly
place in here the total amount
spent each time for candy, gum,
or nuts. Whatever you spend
for merchandise be sure to enter
— even though you may pur
chase in large quantities and do
not intend to use the supply in
one month. We do not believe
there is anything to be gained
for the small operator to bother
with keeping a record of just
how many pounds of nuts or
bars each machine sells or is
placed in them at each service
period. This only results in un
necessary bookkeeping.
For
ordinary purposes, it will serve
you just as well to put all your
merchandise purchases in the
one column as mentioned.
Regardless of what type of
machines you operate you are
bound to be troubled with a cer-
tain percentage of slugs. Be
sure to keep a record of these.
Your machines delivered mer
chandise for these slugs and
consequently they should be
shown as an item of expense on
your operating sheet.
The recap sheet can be sum
marized at the bottom. You
should do this once a month.
The “balance on hand” can be
carried forward in a column
headed “balance” and in that
way you always know the
amount of cash you have on
hand.
Many operators m a i n t a i n
their business on a cash basis.
However, if you have a bank
checking account you can simply
enter each check on the recap
sheet in the same manner as you
do your present expenses. If us
ing checks be sure to be as sys
tematic about having a receipt
for each check and what it was
for.
+
LUCAS W IT H TR I-W AY
Sam Lucas, 3216 Webb Ave.,
Detroit, Mich., well known to
the trade for his work with Mills
Panoram, is now with Tri-Way
Products Company, Inc., New
York City, manufacturers of the
“Singing Picture” illuminated
auxiliary speakers. Lucas will
cover the states of Ohio, Michi
gan and Indiana, acting as Tri
Way representative, and will
work with the operators and dis
tributors.
The modern operator needs a
bookkeeping system. Why not
plan to start up yours today for
your own information and above
all— for your own protection?
SCORES HIT "DEEP IN THE HEART" OF TEXAS
"Dallas went big for the new W urlitzer Victory Model 950!" That was the word to W urlitzer
from general manager Ray W illiams of the Commercial Music C o . The above picture testifies
to the interest displayed. "It's the greatest hit ever scored by any phonograph," spoke Ray
W illiam s. Music Merchant comments prove it.
MAYFLOWER OFFICIALS REPORT TREMENDOUS SUCCESS
Above Irv. Sandler, manager of Mayflower Distributing Company's Des Moines office,
reports to Sam Taran, Mayflower general manager, that things Wurlitzer-wise are humming in
Iowa. Standing between them, M. H . Rosenberg, W urlitzer district manager. Said Sam,
"N ever have we known a phonograph to create the demand or the earnings that the W urlitzer
Victory Model 950 has established."
AUTOMATIC AGE
6
© International Arcade Museum
April, 1942
http://www.arcade-museum.com/