how to track credit card rewards

Wm wm_o_o_o at
Wed Oct 19 04:30:14 EDT 2016

On 19/10/2016 00:38, David Carlson wrote:
> Hi. I want to set up an asset account to track credit card rewards, which
> are probably similar to airline miles. They are not a currency or a
> security but they have an exchange rate when they are earned or used.
> I cannot call them a currency but calling them a stock seems to add too
> much complication since they come and go frequently
> Can I simply set up an account similar to a foreign currency account with a
> fictional security name as the commodity and no actual security to buy or
> sell?
> This would be mainly to trigger the exchange rate feature so I can trade
> 100 Amazon Points for one Dollar off the bill

This is one of the things XXX (No currency) is for, create the Asset using

Security / currency  XXX (No currency)
Smallest fraction    1 or 10 or 100 as appropriate

Best to keep your income and expenses in real money for this sort of
thing in my experience


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