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Cnj1
February 10, 2025
Question

How do you categorize an insurance claim payment%3F

  • February 10, 2025
  • 1 reply
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1 reply

Rainflurry
Rainflurry
February 10, 2025

@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.  

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