Donating Gift Cards
I make gift card donations often to local organizations. In order to enter the gift card info, serial number and amount. The sale needs to be closed out and the only option I see is 'other'. For accounting purposes when a sales report is pulled, it looks like the gift card amount is charged, though no monies came into the drawer, as it's a donation. What is the best way to zero out the amount owed without changing the card amount at checkout? Maybe this can be an option or if you have a suggestion I'd love to learn more!
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Ben Stevens
commented
I added a "promotional" payment method under "other" and I use that for all of my donations. It makes it easy for accounting to say that these are all donations.
The one downfall is that it will still charge sales tax if you are using it for products. So, not perfect, but it works well for gift cards.