Hi Robert,
Excellent question! I didn't have the answer, but thought I'd google
it, and this is what I found;
https://www.accountingtools.com/articles/accounting-for-gift-cards-gift-certificates
Hope that's helpful.
~mark petryk
~w:http://www.lorimarksolutions.com
On 10/31/24 12:38, Robert Heller wrote:
I have a small service-oriented business, and I am looking to sell "Gift
Certificates" that could be redeemed for future service.
I am not sure how to account for them with gnucash. I think I should some
sort of account (Liability?) for the sold Gift Certificates, but I am not sure
how to account for them when I issue invoices (and process payments) in the
future. I wonder if there is some wisdom out there on the gnucash-user
reguarding handling Gift Certificates.
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