Refunds and rebates causing imbalances - where original payment(s) is/are difficult to record

[Dustin Henning]

	In case 1, I would expect the credit to come from the same expense
account the withdrawals went to.  This would make everything balanced.  In
case 2, which is slightly more complicated, I don't know if this is correct,
but I assume you are using opening balance accounts, and as such, I would
add an expense from the opening balance, then refund from that same expense
account.  Finally, in case 3, I believe you need the credit, as otherwise
your credit card account shows you owing more than you do, so I would change
the transaction linked to imbalance to be linked to the expense account the
original charge went to (basically, the same thing as case 1, only simpler).
	Dustin

-----Original Message-----
From: gnucash-user-bounces+the00dustin=gmx.net at gnucash.org
[mailto:gnucash-user-bounces+the00dustin=gmx.net at gnucash.org] On Behalf Of
mjl2009
Sent: Wednesday, September 26, 2012 22:06
To: gnucash-user at gnucash.org
Subject: Re: Refunds and rebates causing imbalances - where original
payment(s) is/are difficult to record

*Case 1

For three years ending in May 2012, I paid monthly amounts for insurance on
a car that I had actually sold. After I discovered what this regular debit
from my bank account was, my insurer agreed to refund the total amount of
these installments.*

I forgot to add one complicating factor. The insurance payments had been
coming out of Bank Account A. I opened another bank account in June 2012 and
asked for the refund to go into Bank Account B - which it did.

How to record this transaction accurately is puzzling me.

MJL



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