Creating an item for reporting revenue offsets

If you use the Promo-Payment Engine, you'll need to select an item to report revenue offsets as. This item not only determines how revenue offsets appear on reports, but also what general ledger accounts your revenue offsets (and any associated taxes) are posted to.

1. In Head Office or Cinema Manager, go to Maintenance > Items.
2. Open an item or create a new one.
3. Under General, select a tax code.
4. Under Box Office, select Revenue Offset and Box Office Sundry Item.
5. Enter the rest of the item's details as required.
6. Repeat these steps as many times as required.

   Example: If you want to report the revenue offset for items and tickets separately, you'll need to create at least two items.

Tax on revenue offsets

Like regular items, any tax you pay on this revenue offset will be sent to this tax code's general ledger account. If you're not required to pay tax on revenue offsets, make sure to select a tax code that has an appropriate general ledger account.

Unlike regular items, however, the tax code doesn't determine the tax rate you pay on revenue offsets. This is determined by the items and tickets inside any transactions that revenue offsets are applied to.

Tip: You may want to set up a unique sales tax for revenue offsets, especially if you're not required to pay tax on them.