I have premiums as well as service call fees for my home warranty coverage. I’ve classified the premiums as Category = “Insurance” but I don’t see an appropriate sub category of “Home Warranty” to classify these charges. Is Category = “Insurance” the best way to label these expenses or should they be track as “Other Repairs”?
@herzjb Yes, the way you’re currently handling this seems to make sense. The premiums are insurance costs, not actual repair expenses, so Insurance is the best category. Not 100% sure regarding the service fees. I’d recommend checking with your CPA on those to make sure you’re using the best bucket.
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I’m perplexed why a simple sub category like Home Warranty has not been added. Its 3 years since the herzjb post.
@devin - Home warranty seems like a good (very common) transaction sub category that can be added to Insurance. Why not a big issue, tracking under Insurance is not very clean
I would like to recommend something under the Insurance section to add the cost of a Home Warranty (American Home Shield, Choice, etc) also I would recommend about putting something Other with an option for comments or something so that we can add things as we go. As for the deductible for service I will just add it under Maintenance since that’s what it is.
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