RE: Gift Card/Voucher and Reports

Posted by PJC on April 16, 2007, 7:02 pm

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You agreed that it is doubling sales figures. What is the fix?

"Brian TMS" wrote:

> Well taxes should not be over paid, using the sales tax reports, because when

> you sell a gift card you don't charge tax.

> However the issue of doubling sales figures does seem to exist.

> Brian

> "Mark" wrote:

> > I agree---the voucher cannot be counted as sales twice but that is exactly

> > what the system is showing. You get credit for when it is purchased and

> > credit for when it is redeemed so you would pay taxes on money you never

> > received if it wasn't caught. Maybe an accountant should have been involved

> > with this part of the software.

> >

> > "Natt" wrote:

> >

> > > Gift Card and Voucher should not be part of the total sales report, it is

> > > very confusing and having to manually deduct them for total sale is a pain

> > > because they show up both as item sold and when they are redeemed.

> > >

> > > Natt

> > > it@simonajewelry.com

Posted by Al on May 14, 2007, 1:39 am

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I also would like to see this fixed. We've been struggling with this nuisance
for years!! Please fix it soon!!!!

"PJC" wrote:

> You agreed that it is doubling sales figures. What is the fix?

> "Brian TMS" wrote:

> > Well taxes should not be over paid, using the sales tax reports, because

when

> > you sell a gift card you don't charge tax.

> > However the issue of doubling sales figures does seem to exist.

> > Brian

> >

> > "Mark" wrote:

> >

> > > I agree---the voucher cannot be counted as sales twice but that is exactly

> > > what the system is showing. You get credit for when it is purchased and

> > > credit for when it is redeemed so you would pay taxes on money you never

> > > received if it wasn't caught. Maybe an accountant should have been

involved

> > > with this part of the software.

> > >

> > > "Natt" wrote:

> > >

> > > > Gift Card and Voucher should not be part of the total sales report, it

> > > > very confusing and having to manually deduct them for total sale is a

pain

> > > > because they show up both as item sold and when they are redeemed.

> > > >

> > > > Natt

> > > > it@simonajewelry.com