[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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