A gift voucher or certificate is a piece of paper or electronic card loaded with a value that's later exchanged for goods or services. When you sell a gift voucher to a customer, the customer is holding an asset of your business until it is redeemed.the voucher is redeemed. So when you record the purchase of sale of a gift voucher in AccountRight, it needs to be recorded as a liability in an posted to an Unclaimed Gift Certificate account you'll create. When the customer returns and pays with the redeems the voucher, all you need to do is create and close a sales invoice that reduces that liability account by the voucher amount. an invoice and pay for it using the funds from the Unclaimed Gift Voucher account. This way, you can easily track the value of outstanding gift vouchers or write-off any that remain unredeemed. OK, let's take you through the details. ui-text-boxexpand |
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| There is no GST payable to the sale of a gift voucher, because no goods or services have been supplied yet. The GST is only realised when the gift voucher has been redeemed. |
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<h2><i class="fa fa-comments"></i> FAQs</h2><br> |
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title | How do I add the items and expenses related to a job onto the customer’s invoice? |
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| Click Reimburse to see a list of all the job purchases and expenses you have assigned a job number to, that can now be reimbursed on the sale. |
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title | How do I set a credit limit or put an account on hold? |
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| You should enter the credit limit you've assigned in each customer's card. If you want to stop sales from being recorded for customers who have exceeded their credit limit, you can place them on hold. |
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