QB Issue Resolution:
no expiration date does not make a difference other than the issue of your manually tracking the expiration date and when expired moving the amount to income manually using a journal entry
debit liability, credit income
create a current liability account called gift-cert in the chart of accounts, gear.settings.chart of accounts
then create a service item in the gear>lists>products and services list called gift-certif and select the current liability account gift-cert on the item screen
use a sales receipt and that gift-certif item to record selling a GC
when you make a sale, list the items being sold, then list the gift-certif item and the GC amount as a negative
Resolution for Issue 'Setting up for Gift Certificates. I’ve found info but it seems to be for desktop & not QB Online since what they say doesn’t work.' available: Yes (Solved).
Source: Intuit Community forum.
Setting up for Gift Certificates. I’ve found info but it seems to be for desktop & not QB Online since what they say doesn’t work.: this issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the issue yourself by looking for a resolution described below. If it is a complex issue or you are unable to solve the issue, you may contact us by clicking here or by using other support options.Support for Chart of Accounts
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