How do I account for Gift Cards to the church?

by John
(Acme, PA)

How do I account for a donation in the form of a gift card that is redeemable by the bearer at a specific retail store? These are being donated to support property repairs at the church. Are receipts required? The gift card may or may not have a dollar value on the card itself.

Your site is very helpful. Thank you.

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Join in and write your own page! It's easy to do. How? Simply click here to return to Contributions .

If you want to DIY your payroll, I highly recommend you look at using Gusto! It is very user friendly and their support is awesome! Plus they know how to set up and maintain payrolls for churches and nonprofit organizations.

Note: I am a "partner" of Gusto, but as I have told you before ... I never recommend anything that we or our clients have not tried and love =)



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