childminder wont take childcare vouchers any more

I always reccommend that parents save up the first months before they begin the contract, as they can be a pita especially compuserve (busybees), I've had nothing but aggro with those, the rest are fine though. I have told my parents that I will not be taking compuserve, when the current users finish.

Some of my parents have switched to other providers as a result. Most CM's get paid in advance, so I issue invoices on or around the 20th for the next month, payment is then due on the 1st.

Why has she stopped accepting them?

If my CM stopped I'd have to find another CM as CV make childcare actually affordable for us. Fortunately she is very happy to be paid this way as it's minimum fuss and if the provider ever mucks up I am on to them asap and ensure CM is never out of pocked.

I would not want to pay CM in cash unless fully invoiced/receipted.

The onus is on the parent to pay on time, if you have been late then that will be the reason.
You need to transfer the vouchers a week in advance of the money needing to arrive in the childminders account, It can take at least 5 working days, you should allow 7.
If you have not got enough vouchers saved in advance, you should use cash to get yourself in advance.
All my parents pay in advance with vouchers and i find them brill.

The delay payment can be dealt with though, by using a voucher to pay part of the following months fee... rather than using it for paying the same months care as it was issued.
So if parent gets voucher at end of June, it's used to pay Julys invoice - so could be given to childminder mid-July so it clears by end of July.

JP - I think they are of benefit to you, as if you don't take them parents like me are likely to think twice about reserving a space. It is a lot of money for the parent. However, I completely appreciate it must be extremely annoying to not be paid on time.

My childcare vouchers are notoriously late... if I didn't have a husband whose salary came in on time every month I would be late EVERY month paying bills. So I can see why some CMs don't use them. They are no benefit to us whatsoever.

But then you could pay via bank transfer or cheque... why specifically cash? I would also wonder tbh.

Have there been issues with paying the vouchers on time such that the funds were in the childminders bank account by the payment date?

Has she told you why she won't continue to accept the vouchers?