[GNC] Reimbursement for fraud

[David T.]

I am assuming that this fraud took some time to straighten out, and there were amounts on your books for a stretch of time before it all cleared up. You want your accounts to look like that. 

First, I'd void the original credit card payment with a note about the fraud, since it never went through. 

Next, I'd create a transaction for the fraudulent amount to a new expense account Expenses:Fraud.

Finally, when the money was recovered and returned, I'd enter a transaction from Expenses:Fraud back to your checking account. 

IANAA, YMMV, IYKYK, IDKS, TKKKHITLLLH*
David T. 

 * I made that one up for "To know know know him, is to love love love him"

On June 15, 2026 5:47:47 AM GMT+05:30, "Stan Brown (using GC 4.14)" <stan+gc at fastmail.fm> wrote:
>On 2026-06-14 10:20, Robert Putman wrote:
>> I had a check to a credit card company that was washed and cashed by
>> someone else.  We reported it as fraud and was eventually repaid.  How do I
>> record this in GnuCash so that it doesn't appear as income but that will
>> balance in GnuCash? 
>
>If I understand you correctly, you did not actually lose (or gain) any
>money by this episode of check fraud.
>
>In that case, you don't have to record anything, since you had no income
>or expense and none of your assets or liabilities changed in value.
>
>If you want to record _something_ for historical purposes, you can enter
>a transaction with no transfer account and no amounts. GC is quite happy
>to accept such transactions and then you'll have a record in your
>checking account register in case some time in the future you need to
>know when this happened/
>
>Stan Brown
>Tehachapi, CA, USA
>https://BrownMath.com
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