View Full Version : insurance refund
cclllc
08-29-2003, 01:09 AM
Hey guys.I was wondering how I should enter an ins. refund in quickbooks.What do I list it under and where?Thanks,john
Click Vendors, then Pay Bills, then choose Credit instead of Bill on that screen. Then fill out the rest as usual.
cclllc
08-30-2003, 11:42 PM
I am the one getting the refund,not them.I have a check i need to enter somehow.I did what you said but it doesn't showup on pmts needing to be deposited.
bruces
09-02-2003, 12:00 AM
Enter it as a deposit.
In the account from show the account as insurance expense.
This will offset your insurance expense that you have paid.
"I am the one getting the refund,not them.I have a check i need to enter somehow.I did what you said but it doesn't showup on pmts needing to be deposited."
Yes I understood this. At the next step that I didn't direct you through, you simply choose the account to apply the check to. Or, you can do it the way Bruce posted as well.
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