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Finance

How should one keep track of used coupons?

If I give a coupon offering a free meal at my restaurant, do I record anything at the time the coupon is used?
Opinions expressed by Entrepreneur contributors are their own.
I recommend recording the amount of the meal at full cost and then having a "discount" or "coupon" option on your price register so that you can track the amount of income you are giving away through the coupon process.

Future Financial Challenges and Opportunities for Small Businesses