"Med spa gift cards and member credits: reconcile the promises separately"
"Source","https://bluefinchadvisors.com/blog/med-spa-gift-card-member-credit-reconciliation"
"Basis","This planning scenario uses the values entered. It is not an industry benchmark or a quote."

"Inputs","Value","Unit"
"Opening gift value","18000","currency"
"New gift value loaded","9000","currency"
"Gift value redeemed or reversed","6500","currency"
"Opening member credits","12000","currency"
"Member credits added","6000","currency"
"Member credits used or reversed","5500","currency"
"Combined system ending balance","33200","currency"

"Results","Value","Unit"
"Expected gift value","20500","currency"
"Expected member credits","12500","currency"
"Reported minus expected","200","currency"

"Calculation detail","Value","Unit"
"Combined opening promises","30000","currency"
"Combined additions","15000","currency"
"Combined reductions","12000","currency"

"Assumptions"
"Defaults are illustrative dollar balances, not accounting or reserve recommendations."
"Reductions must be authorized and supported. This model does not decide whether value may expire."

"Result notes"
"A negative ending value is retained as an error signal. Investigate the underlying entries."
"Outstanding face value is not automatically the accounting liability or cash needed to fulfill it."

"Sources"
"Phorest: membership benefit rollover and accumulation settings","https://support.phorest.com/hc/en-us/articles/39022106787346-How-can-I-limit-how-much-Membership-credit-or-services-a-client-can-build-up"
"Square: gift card activity, outstanding balances, and inter-location reporting","https://squareup.com/help/us/en/article/5496-reporting-and-analytics-for-your-gift-cards"
"Phorest: refunds, freezes, membership status, and benefit balances","https://support.phorest.com/hc/en-us/articles/30064807447186-How-do-I-refund-a-Membership-fee-or-cancel-freeze-a-Membership"
"Visa: U.S. merchant surcharging and displayed-price distinctions","https://usa.visa.com/dam/VCOM/global/support-legal/documents/merchant-surcharging-qa-for-web.pdf"
"Square: gift card transaction and transfer history","https://squareup.com/help/us/en/article/8406-view-transaction-or-transfer-history-of-gift-cards"