Gift Certificate Revenue

I am curious where other organizations classify expired gift certificate revenue. My inclination would be to call it other earned revenue. I have currently written it off to single ticket revenue, but then I am having trouble reconciling to Tessitura reports for revenue.

Please share how your handle expired gift cerficiates, thanks.

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  • Former Member
    Former Member $organization

    We classify it as other income.

     

    From: Tessitura Finance Forum [mailto:forums-finance@tessituranetwork.com] On Behalf Of Allyson Quirico
    Sent: Tuesday, August 24, 2010 5:04 PM
    To: Beni Ortiz
    Subject: [Tessitura Finance Forum] Gift Certificate Revenue

     

    I am curious where other organizations classify expired gift certificate revenue. My inclination would be to call it other earned revenue. I have currently written it off to single ticket revenue, but then I am having trouble reconciling to Tessitura reports for revenue.

    Please share how your handle expired gift cerficiates, thanks.




    This message was sent automatically to you by www.tessituranetwork.com because you subscribed to the Tessitura Finance Forum. You may reply to this message to post to the Finance forum or visit the site to search, read and post to the forums. In the interest of keeping the forum posts from becoming cluttered, we encourage you to delete previous message text from your reply before sending. Thank you!

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  • Former Member
    Former Member $organization

    We classify it as other income.

     

    From: Tessitura Finance Forum [mailto:forums-finance@tessituranetwork.com] On Behalf Of Allyson Quirico
    Sent: Tuesday, August 24, 2010 5:04 PM
    To: Beni Ortiz
    Subject: [Tessitura Finance Forum] Gift Certificate Revenue

     

    I am curious where other organizations classify expired gift certificate revenue. My inclination would be to call it other earned revenue. I have currently written it off to single ticket revenue, but then I am having trouble reconciling to Tessitura reports for revenue.

    Please share how your handle expired gift cerficiates, thanks.




    This message was sent automatically to you by www.tessituranetwork.com because you subscribed to the Tessitura Finance Forum. You may reply to this message to post to the Finance forum or visit the site to search, read and post to the forums. In the interest of keeping the forum posts from becoming cluttered, we encourage you to delete previous message text from your reply before sending. Thank you!

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