Setup for cashback bonus

Paul Schwartz pmjs1115 at yahoo.com
Sun Jun 8 15:25:27 EDT 2008



----- Original Message ----
> From: txtinman <1200clc at clearwire.net>
> To: gnucash-user at gnucash.org
> Sent: Sunday, June 8, 2008 8:18:19 AM
> Subject: Setup for cashback bonus
> 
> 
> I was wondering how best to setup Gnucash for credit card cash back bonus
> refunds. When I tried to list it as a payment in the liability account, it
> created a charge that I could not delete without deleting the payment also.
> I'm using the cash back bonus to credit my account. should I create an
> income account? That really doesn't sound right.
> 
> Mike White

What I do is Credit to an Expense account [which reduces the expense without meddling with Income].

HTH

Paul
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