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rebecca26
Level 1

How do I categorize a deposit that is not income?

ex. Business purchased t-shirts. Got reimbursed for at cost.
1 Comment 1
smallbiznumbers
Level 3

How do I categorize a deposit that is not income?

Hi @rebecca26,

 

Use the same account that you used to record the initial purchase of the t-shirts. This will essentially offset the reimbursement with the purchase.

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