{"id":270,"date":"2024-01-03T15:41:25","date_gmt":"2024-01-03T15:41:25","guid":{"rendered":"https:\/\/wordpress.letsystem.org\/?page_id=270"},"modified":"2024-01-07T17:13:27","modified_gmt":"2024-01-07T17:13:27","slug":"how-does-it-work","status":"publish","type":"page","link":"https:\/\/covlets.letsystem.org\/index.php\/how-does-it-work\/","title":{"rendered":""},"content":{"rendered":"\n
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HOW DOES IT WORK?<\/strong><\/h2>\n\n\n\n
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HOME<\/a><\/td><\/tr>
WHAT IS LETS?<\/a><\/td><\/tr>
HOW DOES IT WORK?<\/a><\/td><\/tr>
CAN I JOIN?<\/a><\/td><\/tr>
HOW DO I TRADE?<\/a><\/td><\/tr>
NEWS & EVENTS<\/a><\/td><\/tr>
LINKS<\/a><\/td><\/tr>
CONTACT US<\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n\n\n\n
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The current recommended rate for a member providing a service is 8 Covs per hour (1 Cov being equivalent to \u00a31).  It may be possible to agree payment of a higher rate per hour or a combination of Covs and sterling.<\/p>\n\n\n\n

Example 1:<\/em> Member ‘A’ needs some help with the garden and looks in the LETS Directory.  Member ‘B’ has advertised that he can offer gardening.  Member ‘A’ contacts Member ‘B’, they agree a price of 8 Covs per hour.  The job takes 3 hours and Member ‘A’ pays the Covs to Member ‘B’ using the Coventry LETS online accounting system.<\/a><\/p>\n\n\n\n

Example 2:<\/em> Member ‘B’ who does not have Internet access needs the services of a graphic designer and looks in the LETS Directory.  Member ‘C’ has advertised that she offers this service.  Member ‘B’ contacts Member ‘C’, they agree a price of 8 Covs plus \u00a38 per hour.  The job takes 2 hours and Member ‘B’ writes a LETS cheque for 16 Covs to Member ‘C’. Member ‘C’ sends the cheque to the Coventry LETS treasurer to be cleared through the accounts.<\/p>\n\n\n\n

Example 3:<\/em> Member ‘C’ wants to purchase some organic food and looks in the LETS Directory.  Member ‘A’ has advertised that she bakes with organic ingredients and makes home-made jam.  Member ‘C’ contacts Member ‘A’, they agree a price of 15 Covs for a selection of produce.  Member ‘A’ provides the goods and Member ‘C’ pays her 15 Covs directly using the Coventry LETS online accounting system.<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/main>\n\n\n\n

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HOW DOES IT WORK? HOME WHAT IS LETS? HOW DOES IT WORK? CAN I JOIN? HOW DO I TRADE? NEWS & EVENTS LINKS CONTACT US The current recommended rate for a member providing a service is 8 Covs per hour (1 Cov being equivalent to \u00a31).  It may be possible to agree payment of a […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-270","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/covlets.letsystem.org\/index.php\/wp-json\/wp\/v2\/pages\/270","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/covlets.letsystem.org\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/covlets.letsystem.org\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/covlets.letsystem.org\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/covlets.letsystem.org\/index.php\/wp-json\/wp\/v2\/comments?post=270"}],"version-history":[{"count":20,"href":"https:\/\/covlets.letsystem.org\/index.php\/wp-json\/wp\/v2\/pages\/270\/revisions"}],"predecessor-version":[{"id":413,"href":"https:\/\/covlets.letsystem.org\/index.php\/wp-json\/wp\/v2\/pages\/270\/revisions\/413"}],"wp:attachment":[{"href":"https:\/\/covlets.letsystem.org\/index.php\/wp-json\/wp\/v2\/media?parent=270"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}