Loyalty liability and breakage accounting

Elements

The pieces this function usually contains in a large organisation:

• Outstanding-points liability report
• Estimated breakage input
• Journal entries for issuance and redemption

Catalog items that already cover part of it

• Loyalty reports LOYL-0015
• Credit card liability account BK-0081

What is not described

liability and breakage accounting.

Classification

Status

Present partially

Fit

Element candidate

Suggested module

BK: Bookkeeping, Ledger & Accounting

Suggested attributes

Pro; priority Optional; always offline. Starting points only.

Cluster

Loyalty, membership and customer data

Public excerpts

S18, S22

Archetypes and companies

Quick-service, coffee and franchised restaurants; Lodging, management and franchising; Airlines and travel; Supermarket and grocery chains; Apparel, department and specialty retail.

Example companies in these archetypes: McDonald's, Starbucks, Yum Brands, Chipotle, Domino's, Restaurant Brands, Marriott, Hilton, Hyatt, Wyndham, Delta, United. These come from general knowledge unless a source code is shown on the archetype page; it is not a statement that each company runs every element, and it implies no relationship.

Closest industry pages

• Quick-service and fast casual
• Cafes, coffee shops and bakeries
• Hotels, hostels and lodging
• Airlines and aviation
• Travel agencies and tour operators
• Passenger transport, taxi and ride services
• Grocery and supermarkets
• Apparel and footwear retail
• Specialty retail (books, toys, sporting goods, jewelry, pets, crafts)
• Travel retail and duty-free

Previous: Points, tiers and rewards. Next: Paid membership with annual fee and renewal.

Status is a hand review against catalog names and descriptions and can be wrong. See the method.