I get a mileage reimbursement deposited to my bank account. How do I create a category for mileage that is deposited as something other than income? I am using Quicken Premier.
Do you have (and use) an Expense Category for deductible Mileage Expenses? If so, AFAIK, the reimbursement should be recorded as a refund to this Mileage Expense category. Check with your tax adviser on the correct gory to use, based on whether it's for charitable, business or property management expenses.
I have a "Receivables" asset-type account that I use for various monies that I'm owed.
I distinguish one "owes me" source from another by using tags.
When I receive the reimbursement, I show it as a deposit into checking (or card payment, as appropriate) and use that "Receivables" account as the transfer/source of funds.
By using such an account (by any name) it's neither an expense nor income.
