[GNC] How to Handle Mastercard Points

[Cam Ellison]

On 2026-01-05 15:50, Jerry Criswell (JC) wrote:
> I'm reconciling the import of my Quicken file which shows the posting 
> of points from MC as both a charge and a credit. This ends up as a 
> zero effect instead as a payment.  To make this reduce the balance, 
> what should the off setting account be?
>
>
It's an asset; neither a charge nor a credit. You could possibly show it 
as a contra liability account. In either case, you will need to use an 
equity account to balance it, or perhaps an income account. I show 
Costco dividends as an asset offset by equity.

Cheers

Cam