How to register Insurance refund invoice

[David Carlson]

If you are an individual asking about recording details of claim payments
made to you, I think that you should not use any business features.  I
would not call them refunds, however, even if they are to reimburse some of
your expenses arising from a loss.

If you want to track losses and reimbursements to see if you have a net
loss that may qualify for tax purposes you might set up a special expense
account to collect all that data.

Conversely, if you are an insurance company, you probably want to use a
more sophisticated program than GnuCash.

David C

On Tue, Sep 27, 2016 at 9:59 AM, Alberto Dante <alberto.dante at gmail.com>
wrote:

> Hi,
> I need to register some Insurance refund invoices (eg. health expenses,
> car/home damages, ...).
> The insurance companies pay the refund to my bank account and send to me a
> detailed invoice of the payment.
> Which is the correct way to register the insurance company (business
> features)? Supplier or customer? And the invoice?
> Without using business features, the following accounts should be involved
> (I think):
>
> Assets:Current Assets:Checking Account:Bank Account
> Income:Insurances refund
>
> What about in case of business features?
> Where I can find some examples?
> Thanks, best regards
> Alberto
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