Category Archives: 2.08 Revenue and Receivables

How should you treat coupons given?

It may happen that if your clients are physical people and not companies, that you’re giving away coupons at some point. How should you treat them however?

In essence what a coupon is, it’s a promise that in future, against this coupon you will give away something either for free or with a cheaper price. So in your accounting if it’s anything, it’s an expense.  Continue reading