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Gift Certificates and QB

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sdalan View Drop Down
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    Posted: 06-December-2010 at 1:21pm
Anyone know how gift certificates are handled by QBsync? I have been experimenting with our 3.11 install and won't use until we upgrade next year but I don't follow how Gift Certificates will be handled with QBsync.

When we sell a GC, I would think the revenue would post to a short-term liability account until applied to an order. No sales tax YET, if applicable. When used, sales tax should compute on the pre-GC total and the amount of GC applied should reduce the short-term liability. I don't see how that will happen if the GC transactions are lumped with discounts.

Anyone else has concerns/solutions to this? Thanks, Alan
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