My local Chamber of Commerce sells Chamber Bucks. These are gift certificates that are good at many of the area businesses. When I get one redeemed in the store, I enter it into my POS payment as Gift Certificate. Then I bring them to the chamber office and they cut me a check for all of them. So, my question is, how do I enter that check into quickbooks? Does it need to be entered into my POS?
It is kind of the reverse of how Gift certificates are usually. When I sell on it is entered as a sale, and when it is redeemed it is entered as a payment. But this is reversed, so not sure what to do.
Thanks!
