Skip to main content
January 11, 2021
Question

Gift card purchased at a discount

  • January 11, 2021
  • 1 reply
  • 0 views

We purchased a gift card at a discount (paid $50 for $100 gift card). How do I record this in Quickbooks online?

Thanks

1 reply

January 11, 2021

Hello snow151,

 

QuickBooks makes it ease to record your transactions the right way. The program offers a user-friendly platform which enables you to enter your transactions easily I'd be happy to steer you in the right direction so you can focus on doing the things you enjoy. 

 

To ensure accuracy in your books, I recommend contacting an accounting professional to get more info on recording the transactions. Doing this will help prevent any future discrepancies in your books. If you're not in contact with one, I encourage you to search for one on our website using this link here.

 

I'll also leave this question here so other accounting professional members can chime in. Let me know if you have other questions. I'm here to help.