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Feb 10, 2025 3:40 PM UTC
Question

How do you categorize an insurance claim payment%3F

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1 reply

Rainflurry
Feb 10, 2025 5:00 PM UTC

@Cnj1 

 

Create an 'Other income' account called 'Insurance Proceeds' (or call it something that makes the most sense to you) and assign that to the payment/deposit received.