Retail & E-commerce / Finance
Gift Card Breakage
The value of gift cards that customers buy but never fully redeem, money the retailer eventually keeps.
The fork, why two teams get different numbers
The fork is WHEN and HOW MUCH breakage to recognize.
In the Metric Library
- The full fork, both definitions worked all the way through
- The trap that makes the number lie, on a real export
- Every formula variant, spelled out
- The reconciliation anchor, what to tie it to and when to refuse
Reference: ASC 606 (breakage / customer unexercised rights) (reference) · state unclaimed-property (escheatment) statutes (reference)