Landlord insurance refund check

I changed the landlord insurance coverage and I received a refund check. This was already paid and accounted for in the expenses. However, now there is no place to put it. It should be accounted now as a form of income otherwise the expenses will be more than they should.

@jeanorie Sure. You’ll want to categorize the refund as a “Money In” transaction to the same category as the original expense (Insurance). You’ll see the word “refund” next to the category name when booking a positive amount to an expense account. That will net things out and true up your tracking for this specific item. Make sense?

Got it

Jean W. Oriental