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August 9, 2023
Question

cashback from supplier

  • August 9, 2023
  • 1 reply
  • 0 views

Hi All

 

Our company offers a private health insurance for our employees and we earn a cashback from their activity, my question is how do i log this in Quickbooks as it is a payment from the insurance compant, would i log it as an Uncategorised income or is there another way to log it?

Any suggestions would be gratefully recieved.

Thanks in advance.

1 reply

August 9, 2023

Hello ApRox, thanks for posting on the Community page,  you could use other income. Miscellaneous income and create a bank deposit when you receive it with the account selected on the 'add funds to this deposit line section.