I also treat it as miscellaneous income, and account for it when received, as a welcome windfall.
You COULD allocate it against the credit card expenditure, as negative expense, which would be more realistic, but I like seeing a windfall gain once a year and then treat myself accordingly. Note that in some tax jurisdictions it could be treated as taxable income. On Thu, 14 Oct 2021 at 14:07, Steve Welch via gnucash-user < gnucash-user@gnucash.org> wrote: > Because the rewards aren’t necessarily attributable to any one expense (or > to split them out proportionately would be a whole lot of work), I always > book them to miscellaneous income. I also include that income when I > budget. > > Hope that helps, > > Steve > > Sent from my iPhone > > > On Oct 14, 2021, at 8:34 AM, rsbrux via gnucash-user < > gnucash-user@gnucash.org> wrote: > > > > 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. > _______________________________________________ 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.
