Advice entering "Pay with Points" Credits to Credit Card accounts
Hi! i have a question about logging a simple transaction. My credit card offers "pay with points" (similar to cashback or a refund/credit)--they show up on my credit card statements as a credit. When I download credit card transactions to Quicken, these credits result in a negative balance that throws off my reconciliation. I have tried deleting them, but that *doubles* the problem. Similarly, I've tried change them from positive to negative amounts, but that, too, makes the balance worse. It seems the only way to deal with balancing them is to enter a transaction that is "Balance Pay with Points" transactions (assigning them to the "Adjustment" category). Is this the best way to deal with this? It must come up with every credit card. (PS--This is for my home budgeting, where I don't use this for specific accounting or taxes, just home budgeting...I realize there might be issues on how to account for these amounts in proper accounting, but I'm not asking that...) Thanks!
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