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Accounting of vouchers

Why is the turnover of vouchers only included in the turnover when they are redeemed?

Sven Hille avatar
Written by Sven Hille
Updated over a year ago

The Paymash voucher function is used to create value vouchers. Such a voucher is to be treated as a means of payment. The service to be received is not defined. Only at the time of redemption is the service relevant to turnover and therefore taxable at the applicable tax rate. The value of the service rendered (or the object sold) is considered to be the service.

Booking example

This booking example is a voucher with a value of 100.00

Sale voucher

A customer buys a voucher from you worth 100.00

He pays for the voucher with his credit card.

Accounting of vouchers - photo 1

Voucher redemption

Your customer pays with a voucher worth 100.00

Accounting of vouchers - photo 2

In short, it is only when the voucher is redeemed that it becomes relevant to sales and is booked accordingly by Paymash.

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