> Date: Mon, 10 Jul 2017 13:13:49 -0700 (PDT)
> From: [email protected]
>
> how do you record reimbursements that originate from overpaid expenses?
> Should I debit an expenses account or should I record the reimbursement as
> income?
>
> 2017/07/10 My Electricity Provider
> Assets:Checking 100.00 EUR
> Expenses:Utilities:Electricity
> (where "Expenses:Utilities:Electricity" is the account I credit each month)
>
> or
>
> 2017/07/10 My Electricity Provider
> Assets:Checking 100.00 EUR
> Income:Reimbursements
>
> - How do you do it?
Transfer back from the expense account, since the true expense -- the
actual cost of electricity you used -- was lower, and the interim
recipient of the money was effectively borrowing and returning the
additional money, not paying you income for goods or services.
You could also edit the original transaction to say
2017/07/03 My Electricity Provider
Expenses:Utilities:Electricity 384.57 EUR
Assets:Reimbursements:Elec Provider 100.00 EUR
Assets:Checking -484.57 EUR
and then add a new transaction that says
2017/07/10 My Electricity Provider
Assets:Checking 100.00 EUR
Assets:Reimbursements:Elec Provider
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