insurance payments

[Derek Atkins]

Personally I would just ignore it..  But you REALLY REALLY want to
account for this, I would use Equity.

-derek

Quoting Ariel <asgnucash at dsgml.com>:

>
> Any advice on how I should treat insurance payments (I don't mean premium
> payments, I mean if the insurance company pays the doctor).
>
> I was thinking of recording them as a transfer between
> Expenses:Health-Insurance to Expenses:Medical-Expenses
>
> Is that a good idea? It sort of implies that my Insurance payments were
> lower because I got a benefit from the insurance company, and conversely
> my medical expenses were higher.
>
> On the other hand on my tax return those medical expenses are not tax
> deductible, but since insurance payments are lower, and also deductible, I
> suppose it balance out.
>
> I was thinking of creating a 'Insurance Benefits' account, but it's not
> expenses or income, and I don't even know from what account I could
> transfer to it (which makes sense, since it's not money that actually
> passes through my hands).
>
> Any advice?
>
> 	-Ariel
> _______________________________________________
> gnucash-user mailing list
> gnucash-user at gnucash.org
> https://lists.gnucash.org/mailman/listinfo/gnucash-user
> -----
> Please remember to CC this list on all your replies.
> You can do this by using Reply-To-List or Reply-All.
>



-- 
       Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
       Member, MIT Student Information Processing Board  (SIPB)
       URL: http://web.mit.edu/warlord/    PP-ASEL-IA     N1NWH
       warlord at MIT.EDU                        PGP key available