In my opinion, in that case scenario, then the SALON should ring up the sale and cover the CC fees. When the GC is redeemed, whoever it is redeemed with, will turn in the GC to the salon, and the salon will reimburse them the value of the GC, less the CC fees. So that tech will be eating the service discount, whatever it was. Does that make sense?
Remember, GC Sales don't count as income and IS NOT YOUR MONEY until the service is performed. If the GC is never redeemed, you most likely are not allowed to keep the money. In most states, you have to turn it over to the state as unclaimed property after a certain time period and they will work to return the funds to the owner of the GC. Check the escheet laws in your state to be sure. R On Mon, Oct 24, 2011 at 7:57 AM, Lauren Dodson <[email protected]>wrote: > We do have our own cc accounts. If people buy from their own tech, it's > not a problem. If someone is buying that isn't a customer, where does the > money go? I don't want to eat the discount just because I'm the owner. For > instance, if a man comes in to buy a gift card for his wife that is not > already a customer, who's cc account do I ring it up under? Remember I > wanted to offer a discount. Whomever it gets rung up under absorbs the > discount. > > ------------------------------ > *From:* Pati <[email protected]> > *To:* [email protected] > *Sent:* Sunday, October 23, 2011 10:05 PM > > *Subject:* Re: NailTech:: Gift card question > > Cira, > Are you all employees or booth renters? Lauren I would encourage everyone > to have their own cc merchant accounts.... Square sounds like the way to go. > > Pati Schembari > > > -----Original Message----- > From: cira mench <[email protected]> > To: nailtech <[email protected]> > Sent: Sun, Oct 23, 2011 6:05 am > Subject: Re: NailTech:: Gift card question > > that is a tuffy. maybe have them buy Services instead. that way the > discount gets distributed between all of you. How my salon does it is, the > receptionist ring the GC under the salon account and the owner pays out > accordingly. if the client pays with a credit card she takes out 2.5% > (which is our cost for using the credit card machine). > > Cira > > On Sun, Oct 23, 2011 at 8:31 AM, Lauren Dodson <[email protected]>wrote: > > I just opened my salon this week. It is myself and three other girls who > booth rent. We want to do a grand opening party next month and offer gift > cards that include a discount. Ex. Buy $50 and get $10 extra, buy $100 get > $20. My question is, since everyone else is booth rental, do we need to > ring up the sales on our separate accounts? This is fine if our own > customers are buying from us, but I was hoping people new to the salon might > come in. I'm the owner but don't want to eat all of the discount myself. > -- > You received this message because you are subscribed to the Google Groups > "NailTech" group. > To post to this group, send email to [email protected]. > To unsubscribe from this group, send email to > [email protected]. > For more options, visit this group at > http://groups.google.com/group/nailtech?hl=en. > > > -- > You received this message because you are subscribed to the Google Groups > "NailTech" group. > To post to this group, send email to [email protected]. > To unsubscribe from this group, send email to > [email protected]. > For more options, visit this group at > http://groups.google.com/group/nailtech?hl=en. > -- > You received this message because you are subscribed to the Google Groups > "NailTech" group. > To post to this group, send email to [email protected]. > To unsubscribe from this group, send email to > [email protected]. > For more options, visit this group at > http://groups.google.com/group/nailtech?hl=en. > > > -- > You received this message because you are subscribed to the Google Groups > "NailTech" group. > To post to this group, send email to [email protected]. > To unsubscribe from this group, send email to > [email protected]. > For more options, visit this group at > http://groups.google.com/group/nailtech?hl=en. > -- You received this message because you are subscribed to the Google Groups "NailTech" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/nailtech?hl=en.
