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 United Kingdom. | ||
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==Setup== | ==Setup== | ||
Go to {{Menu|{{ST}}|Add or Edit Stock Item}}. | Go to {{Menu|{{ST}}|Add or Edit Stock Item}}. | ||
| − | * Create a suitable {{DataPrompt|Stock Code}} | + | * Create a suitable {{DataPrompt|Stock Code}} on the {{Tab|Details}} tab give it a description of {{DataValue|Gift Voucher}}. |
* Give it a {{DataPrompt|Retail Price}} of {{DataValue|£1.00}} with zero Cost. | * Give it a {{DataPrompt|Retail Price}} of {{DataValue|£1.00}} with zero Cost. | ||
| − | * On the | + | * On the same tab, set the {{DataPrompt|V.A.T Rate:}} to {{DataValue|Zero}}. 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 "Movements Tab", ensure that the {{DataPrompt|Update Quantity}} is set to {{DataValue|Yes}}. | * On the "Movements Tab", ensure that the {{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]] to put a quantity of Gift Vouchers in stock. (This does not affect Stock Valuation as the items are at zero Cost). | + | * 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== | ||
Revision as of 11:04, 28 November 2014
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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 United Kingdom.
Setup
Go to " Stock Control Add or Edit Stock Item".
- Create a suitable "Stock Code" on the [Details] tab give it a description of 'Gift Voucher'.
- Give it a "Retail Price" of '£1.00' with zero Cost.
- On the same tab, set the "V.A.T Rate:" to 'Zero'. 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 "Movements Tab", ensure that the "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, for example, £10 worth of Gift Vouchers, go into Point Of Sale and enter the Stock Code for the Gift Voucher, and in the Quantity, put the multiple in to bring the total to the amount of the Voucher required and complete the sale as usual.
Redeeming a Gift Voucher
- When a Customer comes in to redeem a Gift Voucher, go into Point Of Sale and enter the Stock Code of the Gift Voucher, but this time, enter a Negative Quantity to the amount of the Vouchers being redeemed, then, enter the Items that the Customer is Purchasing and complete the sale as usual.
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?
