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Where do you record a gift voucher that has been redeemed? I don’t think this is income, as the amounts of the gift vouchers were already recorded as income when they were paid at the time.
Kind regards,
Nicky
Where do you record a gift voucher that has been redeemed? I don’t think this is income, as the amounts of the gift vouchers were already recorded as income when they were paid at the time.
Kind regards,
Nicky
Redeeming the gift voucher is no longer income, because you already entered it (the gift voucher) when it was sold. I am assuming that you are VAT exempted.
The turnover is already in your accounts, now the person has come to get something (or have something done) but that no longer has any impact on your accounts.
Okay, thank you. So I acknowledge that I cannot enter the gift voucher as redeemed anywhere in Dexxter?
I don't think so... There is no such thing as a gift voucher in Dexxter, it is just a sales invoice (where you have invoiced a gift voucher).
You really should try it out for yourself. Even if you don’t have a company number yet, you can already go ahead.