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Accepting PLENTYs Accept PLENTYs at the highest rate at which you will be able to spend them, from full payment in PLENTYs to 1/4 PLENTY per purchase. It is in everyone's interest that members not accumulate more PLENTYs than they can soon spend. Display the "PLENTY Accepted Here" card in your window or near your cash register to let the public know you accept the PLENTY. Download and print the electronic version of the PLENTY sign for use in advertising or customize for use on member web sites. Click here to browse some graphics we've prepared for you. Please read the NCPlenty guidelines to determine proper use. Accounting PLENTYs For tax and other purposes treat a PLENTY as you would the US cash equivalent. No special bookkeeping is required. Each denomination has the following US equivalent value: 1 PLENTY = $10.00
1/2 PLENTY = $5.00 1/4 PLENTY = $2.50 You may wish to track PLENTYs as undeposited funds (Petty Cash) or to buy them from the drawer with dollars from your pocket. They can then be spent for business or personal needs. If you need to make PLENTY change (e.g. four 1/4 PLENTY notes for one 1 PLENTY note) or wish to replace damaged PLENTYs with new ones, exchange them at a PLENTY repository listed in the directory. Spending PLENTYs Use the PLENTY Directory to find a member who provides something you want or need. A paper directory will be published periodically and a more up-to-date electronic version is always available at this website. If there is something you would like to buy with PLENTYs that is not available from a current member, let us know. NCPlenty will make every effort to recruit businesses that supply goods or services in demand by current members. The Board of NCPlenty can consult with members who are unsure how to spend accumulated PLENTYs. |
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