Accounting for Loyalty Points
Loyalty points are not recorded as passive assets until they are redeemed. When a voucher is issued, it is treated as an immediate discount. You can track points accumulated per customer via the CRM or Point of Sale module, without any direct accounting impact until they are redeemed.Analytical Tracking and Reporting
Use analytical tags to track discounts and vouchers by type (standard, customer birthday, store birthday). This allows you to analyze the effectiveness of loyalty programs and their impact on profitability.Integration with Accounting Plans
Ensure that voucher products and discounts are linked to product categories with clearly defined accounting accounts:
- Account 707 for sales
- Account 709 for discounts
- Account 411 for customers
- Account 512 for cash receipts
This guarantees compliant accounting and clear tracking of loyalty-related transactions.