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HomeRanch's avatar
HomeRanch
Cover User
2 years ago

Gift cards to employees as a thankyou for their service

What is the best coding in MYOB for gift cards purchased for a thank you to employees for their service over the year. Each employee received a $50 or $100.00 gift card. I have coded to staff amentities for now. 

  • Hi

     

    You could use 'staff amenities' - in one of my companies I changed the account title to 'Staff Amenities (inc. catering, gifts).

     

    Alternatively, create a separate account for 'Gifts to Employees'.

     

    Thanks

    vidario

  • Hi

     

    You could use 'staff amenities' - in one of my companies I changed the account title to 'Staff Amenities (inc. catering, gifts).

     

    Alternatively, create a separate account for 'Gifts to Employees'.

     

    Thanks

    vidario

  • Hello HomeRanch 

     

    Welcome to the Community Forum.

     

    You are able to set up gift cards to be used for your company following this Help Article on Gift Cards. These are more for customers to use with your company.

     

    But if you are giving them to an employee, it almost sounds like a bonus to be added to the employee's pay. Can you please provide some more details on how you handle this situation so I may better advise?  I would also recommend checking our Help Article on employee bonuses and commissions.