These are Gift Vouchers that entitle the owner to get goods and solutions of specified sum of quantity from a person that can include business like resort, retail center, shop etc). The specified quantity is described on the voucher itself and with regards to the type of voucher, the receiver can shop for items or use services from specified locations where they are applicable. This method is mainly used by corporate entities as simple way of payment of salaries and rewards to workers, and this is because this method helps to save tax. Gift vouchers have an expiration time period given and the receiver has to use these vouchers to pay off his expenses before that time frame.
Here is preview of this Gift Voucher Template created using Microsoft Word,
The three terms gift card, gift voucher and gift certificate can be described as a method of exchange by means of gift, salary or incentives to worker, friends etc. This mode of payment replaces cash and allows the receiver to purchase service or products from certain spots within a particular geographical location as mentioned on the gift voucher.
This method of transfer is used by corporate entities, employees and people from many other areas by means of pre-paid gift cards, gift vouchers etc for different beneficial purposes.
Usage of Gift Vouchers:
When you want to present that special person just what they are looking for, Gift vouchers are the perfect gifting solution. Whatever it may be birthday presents, wedding presents, anniversary presents, presents for men, presents for women, a present for a special event, or an employee incentive, Gift vouchers are the basic remedy for this problem. To personalize the gift voucher a photo can also be added to make it homely. One can choose among various gift vouchers that suit the recipient’s interest for example kindle gift vouchers, books gift vouchers, toys gift vouchers, MP3 gift vouchers and a lot more gift voucher.
These vouchers are the alternative of those cash envelopes that were given as gift in wedding and other events in this modern era. While that package had money that could be either spent or saved by the individual who is gifted, these gift vouchers are typically meant for shopping, dining, recreation and any other expenditure the gifted individual may choose.
Gift vouchers should contain the amount up to which shopping can be done under this voucher and the expiry limit should also be mentioned. Also the place from where goods can be bought should also be mentioned.
Gift vouchers are not similar to cash>
Gift vouchers are not the same as cash because they signify products to the face value of the voucher. So shop keepers are not bound to give change in case the holder of voucher buys a product of less value than the amount prescribed on the voucher.
Gift vouchers expiry date
If the vouchers do not have expiry date mentioned on them the trader is not bound to accept it after that date or to refund the voucher. So the expiry date must be marked on the voucher.
Security of vouchers
Before buying any kind of voucher always carefully read the terms and conditions to make sure they are appropriate, and try to buy one which is secured. Some trading associations keep voucher money separate. This implies that voucher holders would be refunded if the trading association collapse. In case of any ambiguity with the voucher’s terms, negotiate it with the trader.
Here is download link for this Gift Voucher Template,