Hi Jackie,

Gift vouchers are vouchers with a stated cash value. They must be supplied for a consideration and give the right to receive goods or services without the necessity for further payment, although further payment may be made.

The postings relating to gift vouchers are potentially complex and depend upon a number of factors. We therefore recommend that you contact your accountant to determine which postings are required to record gift vouchers for your company. Once the postings have been determined, we can advise how to make them in Sage Accounts.