When a customer pays with the gift voucher, it'll be recorded in AccountRight by first creating a sales invoice (with GST) for your cheque account, and then closing the invoice to reduce the balance of the Unclaimed Gift Certificate liability account. Create a sales invoiceFirst, you'll create a sales invoice to record the redeemed gift voucher. For more information on creating an invoice, see our page Enter an invoice, quote or order. There are a few things to keep in mind for this particular invoice: - The layout should be Service or Miscellaneous. Please note that Miscellaneous layouts can't be printed.
- Now that the gift certificate has been redeemed, you need to add the relevant GST code in the Tax field
Close the invoice and record the redemptionTo finish the redemption process, all you need to do is close the invoice in the Receive Payments window. For more information on how to receive payments, see our page Receiving payments. For this payment, you'll want to select the Deposit to Account option, select the Unclaimed Gift Voucher liability account. Image Added After filling out the rest of the transaction details, including the voucher amount, click Record. Your liability account will now be reduced by the voucher amount, and the redemption is recorded. |