First Steps: Setting up in QuickBooks
First, you'll need to create two new accounts
Gift Cards Redeemed | Type = Other Current Asset |
Gift Cards Outstanding | Type = Current Liability |
Next Steps: Setting up in Fishbowl
Bring over the QuickBooks Accounts into Fishbowl. Create payment type called Gift Card.
Map the Gift Card Payment to Gift Cards Redeemed account
Final Steps: The Process
When you accept payments in Fishbowl Choose the Gift Card Payment type.
That payment will be exported to QuickBooks hitting the Gift Cards Redeemed account.
Then manually edit that payment and remap it to Gift Cards Outstanding.
That payment will be exported to QuickBooks hitting the Gift Cards Redeemed account.
Then manually edit that payment and remap it to Gift Cards Outstanding.