1) Setup a Contact Card and Payable Account for the Reward Card Program (i.e., ABC Rewards)
2) When creating a reward card, do a GL Adjustment to the AP Account and any expense account for zero dollars
- a) In the description field...record the name of the customer and the amount of the reward card.
- b) In the AP Account you will have a record of all customers you have given rewards cards to, including the amounts.
- a) Create a method of payment called Reward Cards and pay the card value with that method of payment.
On a weekly or monthly basis do a GL Adjustment from the Cash Drawer | Rewards Cards to an expense account
to record the cost to the business
- b) Split bill the invoice to an AR account called Reward Cards and then on a weekly or monthly basis do a credit adjustment to the
AR account and to the appropriate expense account.