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[Music] hi everyone my name is Naomi and I am the happy bookkeeper and this week somebody asked me how they can enter an invoice into QuickBooks where a client has redeemed a promotional gift certificate this is an important distinction to make between a promotional gift certificate and a sole gift certificate so in the case of a restaurant who maybe sells a $50 gift certificate for somebody to give their friend for a birthday president or Christmas present or what have you that would actually be entered into the bookkeeping when that gift certificate was sold so your your money would go up and your liability for gift cards would would also go up and that person doesnt get charged HST when you sell the gift card they only get charged HST when they come and get food and services and theres HST charged and then the gift certificate is now a form of payment so and again theres no HST on payments so you can see that thats an important distinction to make what this is this is a promotio
