Re: Methods to Track Gift Cards and Similar Items

Thanks to all for your guidance, "other hands" methods, and comments. I see that I should use asset accounts as the primary type account to tract these stored-value items. I am a novice at double-entry accounting. I have been using GnuCash for several months to track some of my personal

Re: Methods to Track Gift Cards and Similar Items

On 7/31/2017 4:24 PM, Paul W. wrote: On the one hand, these items are a form of income. As such, I could track them as income. On the other hand, I use these items they way I use a credit card to make purchases. As such, I could track them as a credit card. Are there other hands with

Re: Methods to Track Gift Cards and Similar Items

tisfactory result and may result in inaccurate reports. David Cousens - David Cousens -- View this message in context: http://gnucash.1415818.n4.nabble.com/Methods-to-Track-Gift-Cards-and-Similar-Items-tp4692966p4692972.html Sent from the GnuCash - User mailing list archive at

Re: Methods to Track Gift Cards and Similar Items

All those cards represent something that you own and can convert into stuff of value. As such, they are assets, much like cash. They are not, in and of themselves income, any more than cash is. They are not your liabilities, which makes them different than credit cards, and should not be tracked

Re: Methods to Track Gift Cards and Similar Items

I track gift cards as assets, under Current Assets On Mon, Jul 31, 2017 at 4:24 PM, Paul W. wrote: > I am seeking guidance on methods to track items such as gift cards, gift > certificates, merchant cards, bank reward cards, and store-credit cards > for returned

Methods to Track Gift Cards and Similar Items

I am seeking guidance on methods to track items such as gift cards, gift certificates, merchant cards, bank reward cards, and store-credit cards for returned purchases. On the one hand, these items are a form of income. As such, I could track them as income. On the other hand, I use these