It would depend on how your jurisdiction treats these rebates for tax purposes. If they are not taxable, you can treat them whichever way you like. I treat them as a negative expense, but if they are taxable you would need to record them in an income account.
Thank You, Gyle McCollam Gyle McCollam 609.680.2326 Mobile gmccol...@live.com<mailto:gmccol...@gyleshomes.com> email ________________________________ From: gnucash-user <gnucash-user-bounces+gylemc=gmail....@gnucash.org> on behalf of rsbrux via gnucash-user <gnucash-user@gnucash.org> Sent: Thursday, October 14, 2021 8:32 AM To: gnucash-u...@lists.gnucash.org <gnucash-u...@lists.gnucash.org> Subject: [GNC] Credit Card Rewards Refund I have a credit card which, like a few others, accrues a small percentage (1-2%) of the amounts spent as a rebate. The rebate isn't subtracted from each charge, but accumulates in the card account as "Reward Points" until I cash them in. The amount is then credited to the card account as a payment. Should such payments be recorded as income or as a negative expense? _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user If you are using Nabble or Gmane, please see https://wiki.gnucash.org/wiki/Mailing_Lists for more information. ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All. _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user If you are using Nabble or Gmane, please see https://wiki.gnucash.org/wiki/Mailing_Lists for more information. ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.