[GNC] How to Handle Mastercard Points
Adam H. Kerman
ahk at chinet.com
Tue Jan 6 00:23:39 EST 2026
10:22pm -0000 01/05/26 David T. via gnucash-user <gnucash-user at gnucash.org>...:
>My apologies. I see that Cam was the poster using this term. But I do think
>you're not talking about shares in Costco (which the reference to a DRIP
>would imply). I'm pretty sure the use of the term "Costco dividends" was a
>misstatement, and the poster was referring to a rewards program balance,
>rather than shares in the Costco corporation.
Let's say that you are correct, it's a rebate through a customer loyalty
program. I'd make a similar recommndation to set up a contra expense account
to book the rebate so it is not booked as income. This is key. Credit the
rebate account, debit the liability account representing the store account.
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