Difference between revisions of "How do I deal with Gift Vouchers?"
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==Summary== | ==Summary== | ||
| − | Some of our clients sell Gift Vouchers. The following article outlines how this is achieved in Platinum for customers in United Kingdom. | + | Some of our clients sell Gift Vouchers. The following article outlines how this is achieved in Platinum for customers in the United Kingdom. |
==Setup== | ==Setup== | ||
Go to {{Menu|{{ST}}|Add or Edit Stock Item}}. | Go to {{Menu|{{ST}}|Add or Edit Stock Item}}. | ||
| − | * | + | * Click {{Button|Add}} and enter a suitable {{DataPrompt|Stock Code}} e.g. GIFT. |
| − | * | + | * In the {{DataPrompt|Description}} enter Gift Voucher. |
| − | {{Tip|text= | + | * Enter a {{DataPrompt|Standard Selling}} price of {{DataValue|£1.00}}. Leave the {{DataPrompt|Std Cost Price}} set to zero. |
| − | * | + | |
| + | {{Tip|text=If you sell a £10 voucher you can sell x10 £1 vouchers so you know the value of vouchers sold without having to divide the figure at all.}} | ||
| + | |||
| + | * Set the {{DataPrompt|V.A.T Rate:}} to {{DataValue|" - Zero Rate}}. Current VAT legislation (November 2008) in the UK states that you do not have to account for VAT on vouchers that you both issue and redeem. | ||
* Create a new [[How do I Create a Sales or Purchase Centre?|Cost Centre]] that links into a new centre on the Balance Sheet. | * Create a new [[How do I Create a Sales or Purchase Centre?|Cost Centre]] that links into a new centre on the Balance Sheet. | ||
** If you are unsure what codes to use, consult your Accounts Department. | ** If you are unsure what codes to use, consult your Accounts Department. | ||
| − | * On the | + | * On the {{Tab|Invoicing}} tab, ensure that {{DataPrompt|Update Quantity}} is set to {{DataValue|Yes}}. |
* Click {{Button|Done}} and {{Button|Accept}}. | * Click {{Button|Done}} and {{Button|Accept}}. | ||
| − | * You now need to do a [[How do I adjust the stock level of an item?|Stock Movement]] with a mode of {{KeyPress|A}} to put a quantity of Gift Vouchers in stock. (This does not affect Stock Valuation as the items are at | + | * You now need to do a [[How do I adjust the stock level of an item?|Stock Movement]] with a mode of {{KeyPress|A}} to put a quantity of Gift Vouchers in stock. (This does not affect Stock Valuation as the items are at Zero Cost). |
==More Information== | ==More Information== | ||
===Selling a Gift Voucher=== | ===Selling a Gift Voucher=== | ||
| − | * When a Customer comes in and wants to buy | + | * When a Customer comes in and wants to buy a Gift Voucher, go into [[Selling Stock at Point of Sale|Point Of Sale]]. |
| + | ** Enter the Stock Code for the Gift Voucher. | ||
| + | ** Enter the Quantity of voucher required e.g.10 to sell a £10 voucher. | ||
| + | ** Complete the sale as usual showing how they have paid for the voucher. | ||
===Redeeming a Gift Voucher=== | ===Redeeming a Gift Voucher=== | ||
| − | * When a Customer comes in to redeem a Gift Voucher, go into [[Selling Stock at Point of Sale|Point Of Sale]] | + | * When a Customer comes in to redeem a Gift Voucher, go into [[Selling Stock at Point of Sale|Point Of Sale]]. |
| + | ** Enter the Stock Code of the Gift Voucher. | ||
| + | ** Enter a Negative Quantity to the amount of the Vouchers being redeemed e.g. to redeem a £10 voucher you would enter ''-10''. | ||
| + | ** Enter the items the Customer is purchasing as usual. | ||
| + | ** Complete the sale as usual. The system will reduce the balance owing by the amount of the Gift Vouchers entered. | ||
== See also == | == See also == | ||
Revision as of 09:58, 26 May 2015
 |
This article or section is under review. Be aware: Content may change as the document is reviewed. |
Contents
Summary
Some of our clients sell Gift Vouchers. The following article outlines how this is achieved in Platinum for customers in the United Kingdom.
Setup
Go to " Stock Control Add or Edit Stock Item".
- Click [Add] and enter a suitable "Stock Code" e.g. GIFT.
- In the "Description" enter Gift Voucher.
- Enter a "Standard Selling" price of '£1.00'. Leave the "Std Cost Price" set to zero.
 | If you sell a £10 voucher you can sell x10 £1 vouchers so you know the value of vouchers sold without having to divide the figure at all. |
- Set the "V.A.T Rate:" to '" - Zero Rate'. Current VAT legislation (November 2008) in the UK states that you do not have to account for VAT on vouchers that you both issue and redeem.
- Create a new Cost Centre that links into a new centre on the Balance Sheet.
- If you are unsure what codes to use, consult your Accounts Department.
- On the [Invoicing] tab, ensure that "Update Quantity" is set to 'Yes'.
- Click [Done] and [Accept].
- You now need to do a Stock Movement with a mode of <A> to put a quantity of Gift Vouchers in stock. (This does not affect Stock Valuation as the items are at Zero Cost).
More Information
Selling a Gift Voucher
- When a Customer comes in and wants to buy a Gift Voucher, go into Point Of Sale.
- Enter the Stock Code for the Gift Voucher.
- Enter the Quantity of voucher required e.g.10 to sell a £10 voucher.
- Complete the sale as usual showing how they have paid for the voucher.
Redeeming a Gift Voucher
- When a Customer comes in to redeem a Gift Voucher, go into Point Of Sale.
- Enter the Stock Code of the Gift Voucher.
- Enter a Negative Quantity to the amount of the Vouchers being redeemed e.g. to redeem a £10 voucher you would enter -10.
- Enter the items the Customer is purchasing as usual.
- Complete the sale as usual. The system will reduce the balance owing by the amount of the Gift Vouchers entered.
See also
- Selling Parts over the Counter
- How do I find a stock code?
- How do I Find a Customer?
- Selling Stock at Point of Sale
- How do I Give Discount in Point Of Sale?
- How do I Do a Refund in Point of Sale?
