Question

How do I record Gift Cards (Accounting) for non-profit we receive in bulk then issue to staff and clients

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We are non-profit company. How to do Gift Card Accounting:
1. Near at the end of fiscal year we receive Gift Cards against, some budgeted expenses - surplus.
2. Then we issue Gift Cards to our clients (product, service or cash in turn is not received and not required, as it is just a gift)
Currently we are tracking on excel sheet !
Thanks for reading

J

JamesM4

Hi akhtar24,

Welcome to the QuickBooks Community. QuickBooks is an easy-to-navigate program that helps you to manage your accounting with ease. I'll be glad to share more info so you're on the right track with your work.

In order to accurately record your transactions, I highly recommend consulting an accounting specialist for expert suggestions. This ensures your books remain accurate while you continue to manage your work with peace of mind. You can also get in touch with a professional using this link here. Other accounting professionals are able to see this post in the Community and this will allow them to chime in.

Let me know if this info helps. Otherwise, feel free to ask questions in the comments below.

A

akhtar24Author

Hello,

No professional has any kind of experience, or don't want to share FREE