7:48pm -0000 01/05/26 Cam Ellison <[email protected]> wrote: >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. As I explained in my other reply, I'm crediting a contra expense account and debiting the credit card liability account. I first tried this with a contra liability account but that didn't work. >I show Costco dividends as an asset offset by equity. Dividends are ordinary income. Credit the dividend income account, debit the asset. Is this a DRIP? Then the asset is the stock account, otherwise it's a cash account. _______________________________________________ gnucash-user mailing list [email protected] To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
