How do you categorize an overpayment check that was received after a loan was refinanced and paid off?
Once I actually looked at it, I just put it under “Mortgage Payment” and since its positive the system called it out as a refund.
@johnmanner Sounds good. Glad you were able to figure this out. Assuming this was excess principal, you may want to consider categorizing the refund under “Mortgages & Loans > Mortgage Principal” to be more precise.
Good point, made that change. Thanks Devin
There’s now a dedicated help article that clears up many outstanding questions about logging purchases, sales, and refinances in Stessa. Check it out: Track Purchases, Sales, and Refinances
Thanks for the follow-up!