Gift vouchers

https://help.myob.com/wiki/x/G42O

Close

How satisfied are you with our online help?*

Just these help pages, not phone support or the product itself

0

1

2

3

4

5

Very dissatisfied

Very satisfied

Why did you give this rating?

It's hard to find information

Instructions are hard to follow

Content isn't detailed enough

It doesn't fix my software problems

Anything else you want to tell us about the help?

When you sell a gift voucher to a customer, the customer is holding an asset of your business until it is redeemed.

So when you record the purchase of a gift voucher in AccountRight, it needs to be recorded as a liability in an Unclaimed Gift Certificate account you'll create. When the customer returns and pays with the voucher, all you need to do is create and close a sales invoice that reduces that liability account by the voucher amount. This way, you can easily track the outstanding gift vouchers or write-off any that remain unredeemed.

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.

FAQs

How do I add the items and expenses related to a job onto the customer’s invoice?

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.

How do I set a credit limit or put an account on hold?

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.

Related topics

Add a customer

Printing, emailing and saving forms

Changing or deleting a transaction

Reimbursable expenses

Credit limits

Credit holds

Recurring transactions

Sales and purchases information

From the community

Entering payments made via a third party for supplier invoices

Re: AR Inventory Entry Order