Gift certificate sale GL postings

Hi Sap Gurus
I would like to know how to acheive Gift certificate sale.
we are setting up gift certficates as NLAG materials. And we will sell them to customers with other products. But the difference between gift certificates and the other products are -gift certificate sale is just a liability for us and it should not be recognized as sale ..which means I donot want the gift certificate value reflected on the customer account (reconciliation account). see the example postings below...a customer bought 100$ goods and 25$ gift certificate. I want the system to make GL postings like in desired posting section...Can anyone tell me how I can acheive this functionality
Desired postings
Debit customer account 100$ (Recon account)
Debit Gift certificate clearing account 25$ (B/S account)
Credit Gift certficate Liability account 25$ (Balance sheet account)
credit Revenue account 100$ (P&L account)
Current postings
Debit customer account 125$ (Recon account)
Credit Gift certficate Liability account 25$ (Balance sheet account)
credit Revenue account 100$ (P&L account)

Hi Lakshmipathi
Thanks for the reply.  I can create a new account key and assign gift certificate liability account in VKOA . But where can I assign the offsetting account?. My problem is this "I do not want to record this sale on customer account at the time gift certificate sale". I only want to record the sale on customer at the time of gift certificate redemption. I do not want to double count the gift certificate sale on the customer account (FD10N).The above example which I provided was a gift certificate sale.and I want to debit "gift certificate offsetting account" in the place of customer account.
Thanks in advance for looking into this

Similar Messages

  • Gift certficate sale GL postings

    Hi Sap Gurus
    I would like to know how to acheive Gift certificate sale.
    we are setting up gift certficates as NLAG materials.  And we will sell them to customers with other products. But the difference between gift certificates and the other products are -gift certificate sale is just a liability for us and it should not be recognized as sale ..which means I donot want the gift certificate value reflected on the customer account (reconciliation account).  see the example postings below...a customer bought 100$ goods and 25$ gift certificate. I want the system to make GL postings like in desired posting section...Can anyone tell me how I can acheive this functionality
    Desired postings
    Debit     customer account 100$               (Recon account)
    Debit     Gift certificate clearing account 25$                         (B/S account)     
    Credit     Gift certficate Liability account 25$                          (Balance sheet account)
    credit     Revenue account  100$               (P&L account)
    Current postings
    Debit     customer account 125$               (Recon account)
    Credit     Gift certficate Liability account 25$     (Balance sheet account)
    credit     Revenue account  100$               (P&L account)

    Hi Steve...
    1. You Sold goods as well as GIFT certificates to customers..(These GIFT Ceritficates must be booked on customer account ,because business liable to pay to customer)
    2. As desired by your business it can be achivable through pricing procedure (But it is not suggestble why because we couldn't able find customer wise details)
    Create new required GL accounts and assign same to Acount key ,which same keys must be assignd to Pricing procedure as account key and accrual key.Please check with SD consultant.
    Rgds
    Suma

  • HT2589 how can i get the code that they were asking?i cant see the code for the gift certificate?

    they keep on asking for a gift certificate code..to complete using itunes store..but how can i redeem my code ?where can i get that?

    Click here and request assistance. Gift cards are usually if not always final sale because it would be easy enough for someone dishonest to abuse returns or replacements of them.
    (58640)

  • Transfer songs I purchased w/iTunes gift certificates but loaded on a friend's Mac to my PC

    I originally posted this problem in a way that didn't reflect that I bought the iTunes songs that I am trying to transfer from a Mac to a PC, so the post was removed. Please note I am not doing anything illegal. I bought the songs using iTunes gift certificates, but didn't know how to use the iTunes store and know next to nothing about technology, so my friend created a playlist for me on her Mac, it is under her name, but she used my gift certificates to purchase the songs, so I paid for the music. So, here's my problem (and take into account I am not technically savvy). I use my iPod nano every day and have an extensive playlist, but my iPod nano is synched with a friend's Mac and under her account, and she has moved out of the area I live in. I downloaded iTunes for Window (7) onto my PC and opened my own account. How do I transfer my playlist from my iPod nano under my friend's Mac account (and there's no way to contact her) to my PC and my own iTunes account? I was told to first "unsynch" my iPod from her Mac using Senuti or Export on my PC, but I cannot find a free version of either program, and don't want to download a free program from a website that may be unreliable. From there, I'm totally lost. So, I basically want to know if this can be done, because I have to hire a technician at my local Apple store to do this whole process for me (I'm terrified of losing my playlist) and want to keep the costs down (they charge $40 per half hour and money is tight for me). I also want to back up my playlist, and looked into creating a Cloud account, but it says to synch my iPod with Cloud first, and I don't dare to try that on my own, so I guess I'll have to pay for the techs to do it. Is there another way to store my playlist, such as a flash drive? Still, I don't dare to touch anything on my iPod without face-to-face technical support. Any advice would be greatly appreciated.Thank you!

    try following the steps in here:
    iOS: Syncing your data with iTunes

  • HT201209 I have tried to redeem a gift card but I get the message "the gift certificate or card you have entered has already been redeemed". I haven't redeemed it, please help.

    Hi.
    I recently bought a £15 ituens gift card for my partner. Since she is not too savvy with itunes, I went on to her account to redeem it for her. I scratched off the panel and entered the code into the correct box on itunes and was told "the gift certificate or card you have entered has already been redeemed".
    I took the card back to Morrisons Supermarket in Guiseley where I had bought it and was told that since Morrisons only sell gift cards on behalf of iTunes and receive a commission, that they could do nothing and I had to take the problem up with iTunes.
    Well, dealing with iTunes is no easy thing. I finally found what I thought was the right area on the website and was directed to send an email. I did this, but the chap I got through to seemed to think I had a problem with my iTunes software or that I didn't know how to redeem the card. I tried my best - over several emails - to get through to him that the problem was with the gift card code and that they may have been hacked. It would be very easy for them to find out that a) I wasn't the one who had redeemed the code and b) who the culprit was due to the fact they would know whose iTunes account the code had been credited to. I got nowhere, the chap sent me a link to "account security" and told me to phone them even though it was not possible to get a phone number from the link he sent me.
    So, I got back in touch with Morrisons customer complaints and basicaaly told them that as far as I was concerned they were selling faulty goods on behalf of another company and that they should at least try and help me out with iTunes. I have since received an email from Morrisons asking for all the details of the card so they can look into it. iTunes - meanwhile - have stopped replying to my emails and I am now being completely ignored by them.
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    Many thanks
    Damian

    Not likely you'll get a "history" but Apple should be able to resolve the problem.
      You can report issues with your iTunes Store purchases directly through the iTunes Store:
    http://support.apple.com/kb/HT1933

  • My iTunes card won't redeem and when I try to it comes up with this "The gift certificate or prepaid card code you entered has not been properly activated. Please contact iTunes Store costumer support for assistance" can anyone help me?

    My iTunes card won't redeem and when I try to it comes up with this "The gift certificate or prepaid card code you entered has not been properly activated. Please contact iTunes Store costumer support for assistance" can anyone help me?

    Is the store that you bought the card from nearby so that you can try going back and asking if they can activate the card properly ? If it's not, or if they can't/won't activate, then you will need to do as the message says and contact iTunes Support (these are user-to-user forums) : http://www.apple.com/support/itunes/contact/ - click on Contact iTunes Store Support on the right-hand side of the page, then iTunes Cards And Codes (you will probably need to give them images of the front and back of the card, and possibly its receipt)

  • How do I transfer a gift certificate from one country's ITMS to another's?

    I have received a gift certificate for the Canadian ITMS from my sister, but I live in Germany. I can neither log in to the Canadian store, nor use the gift certificate in Germany. How do I transfer it?
    Thanks,
    Carsten

    Having Apple transfer a somehow equivalent sum to my country is just as good, and doesn't involve any music industry company.
    Yes it does because when you purchase a gift card, the money goes to the music industry.
    Send them an email and let them know you would like it changed.
    http://www.apple.com/support/itunes/musicstore/giftcertificate/

  • I purchased an iTunes gift certificate with my Canadian-based American Express card (I live there) and had it emailed as a gift to someone at a hotel in the U.S.; Now, he cannot seem to use it. Apple online said it is cause it's only usable in Canada! Wha

    I bought a gift certificate from iTunes, online, for someone travelling in the U.S. temporarily. He is a Canadian, I am a U.S. citizen, and I bought it using my Canda-based American express account, as I live in Canada.  Now he is told by Apple on the telephone that he cannot use the certificate to buy anything as it was purchased on a computer in Canada.  This seems utterly impossible!  Does Apple have walls between countries?  It seems to me that someone stuck in a hotel, with his iPhone, might want to purchase stuff from iTunes, but now it seems this cannot be done and he will have to return to Canada to use the certificate.  What the heck kind of instant gift service is that!?
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    When you tried to contact Support with the card's images how were you trying to do it, on your phone or a browser on your computer ? And have you tried a different browser to see if you get the same error message ?
    As well as images of the card they might also want an image of its receipt.
    And to contact Support you were using : http://www.apple.com/support/itunes/contact/ , and clicked on Contact iTunes Store Support on the right-hand side of the page, then iTunes Cards And Codes ?

  • How do you add a gift certificate to your account?

    How do you add a gift certificate to your account?
    AJBG

    I think its the same process as adding an itunes card just go to redeem and type in the code.

  • HT201209 how can I buy an iTunes gift certificate for someone living in Colombia?

    How do I buy an iTunes gift certificate from US iTunes for someone who lives in Colombia?  The fine print on the gift certificate page says it can only be redeemed in a US iTunes store.
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    OK, I see what point you were trying to make previously. You are talking about the misspelling of the name. That was SO not clear in your post. As you can tell, both roamminggnome and I missed your intent.
    If you want to educate people on the common misspelling of the country Colombia, then state your case clearly. You will get a lot further that way. Being condescending about the mistake is not productive, and you won't achieve your goal that way.
    That having been said, it seems a bit pointless to bring up a two year old post that has a spelling error in it and then post to it only to call out that error.
    This is not an English course - it is a technical user to user forum. We have to put up with egregious spelling errors daily on this site. It is not the place to start a campaign on the proper spelling of the country Colombia. You might want to try to direct that considerable indignation somewhere where it will actually make a difference.
    Sorry for the misspelling in my post of the country. I can promise you, I won't make that mistake again.
    Cheers,
    GB

  • How can I convert a Gift Certificate from Canadian Store to US Store?

    My sister, who lives in Canada, bought us an iTunes gift certificate for Christmas. We tried to redeem it, but because she bought it through her account in the Canadian store, it is not accepted.
    Anyone know what we can do so we can use this money?
    I do have a Canadian mailing address, but do not have a credit card up there. Any help? We don't want to through the money down the drain!!!

    Anyone know what we can do so we can use this money?
    I do have a Canadian mailing address, but do not have
    a credit card up there. Any help? We don't want to
    through the money down the drain!!!
    Very little im afraid, the gift cards are country specific so unless you have a canadian account (which by the sounds of it, you don't) theres not much you can do.
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  • Why do I get an error message that says "Your Apple ID is not eligible to purchase gift certificates?"

    I am trying to purchase a printable gift certificate from iTunes, and I keep getting an error message that says, "Your Apple ID is not eligible to purchase gift certificates." You can purchase gift cards from retail locations. I can't do this because I live overseas. I've tried deleting and re-adding my credit card information, and I've submitted a support ticket to ask for help. I see from my Google search that this is not an uncommon error message to have, but I can't find a solution!

    No, I am a US citizen living overseas, but I am going through a VPN and I am using a US-based credit card. I have no problem purchasing apps, just purchasing gift certificates. I'm going to try gifting the app to the person I am purchasing for until Apple straightens this out for me.

  • HT5557 Can you buy gift certificates for specific books in iTunes Store?

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    You can try leaving feedback for Apple : http://www.apple.com/feedback/itunesapp.html

  • HT2736 How do you remove any remaining gift certificate credit from your itunes account as one is prompted to do this if you want to change your country or region?

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    Please supply answers that do not refer me to contacting support.

  • How to generate multiple "gift certificate" pdfs with unique serial #s

    I am a new Acrobat user (have Adobe Acrobat 9 Pro) and poked around a bit to see if I could find out how to do this, but found nothing.
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    Thanks
    keith

    Problem solved.
    Forum member try67 wrote me a script, complete with simple installation instructions.
    It works perfectly right out of the box.  Great stuff!!!
    Wish it always worked that way.
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