Free Gift Certificates?

summrtan · 11-19-2002, 08:21 PM

I'm thinking about running a promotion where if the customer buys $100 worth of product they receive a free $30 Gift certificate. How would I do this? How do I give value to a certificate without messing up the daily sales? This also has to be something my employees can do as well so I don't have the Transaction, or masteredits options.
I'm talking about Helios 9.4

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[ This Message was edited by: summrtan on 2002-11-19 20:22 ]

Andy · 11-20-2002, 04:08 AM

I would process the $30 Gift Certificate "Sale" as if it was normal in every way and use Cash as the Method of Payment.

Then in the Cash Drawer in place of the Cash put a "Paid Out" slip reflecting the $30. as Marketing Expense, this will balance the Shift Report for the day and allow you to record in your Financial Records the Marketing Expense offseting the Sales of Product/Service that will ultimately be recorded with the redemption of the Gift Certificate.

I have posted on this topic before, take a look at this following thread for more discussion on this topic.

Hope this helps ...

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11-19-2002, 08:21 PM	#1 (permalink)
summrtan Join Date: Jun 13 2002 Location: N CAL Posts: 433 Rep Power: 7	I'm thinking about running a promotion where if the customer buys $100 worth of product they receive a free $30 Gift certificate. How would I do this? How do I give value to a certificate without messing up the daily sales? This also has to be something my employees can do as well so I don't have the Transaction, or masteredits options. I'm talking about Helios 9.4 _________________ [ This Message was edited by: summrtan on 2002-11-19 20:22 ]

11-20-2002, 04:08 AM	#2 (permalink)
Andy Join Date: Jan 25 2000 Location: CT Posts: 1,760 Rep Power: 9	I would process the $30 Gift Certificate "Sale" as if it was normal in every way and use Cash as the Method of Payment. Then in the Cash Drawer in place of the Cash put a "Paid Out" slip reflecting the $30. as Marketing Expense, this will balance the Shift Report for the day and allow you to record in your Financial Records the Marketing Expense offseting the Sales of Product/Service that will ultimately be recorded with the redemption of the Gift Certificate. I have posted on this topic before, take a look at this following thread for more discussion on this topic. Hope this helps ...

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