Cash

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ashley6891
ashley6891 Member ✭
edited February 2022 in Registers & Transactions (Windows)
I paid for a gift with a debit card. My friend gave me $20 cash to cover her part.

I would like to categorize the cash in cash account as both income and assign it to the "gift" category because she was paying me back for a gift I bought.

I want my gift category to show an additional $20 income since she paid me the $20.

Is there a way to do that?

Answers

  • NotACPA
    NotACPA SuperUser ✭✭✭✭✭
    edited January 2022
    Options
    It's a split transaction.
    Total debit in your checking account is $40.
    In the split, $20 goes to GIFTS
    and $20 is a transfer to your CASH account.

    Q user since February, 1990. DOS Version 4
    Now running Quicken Windows Subscription, Business & Personal
    Retired "Certified Information Systems Auditor" & Bank Audit VP

  • splasher
    splasher SuperUser ✭✭✭✭✭
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    Why do you want to take credit for the $20 that you friend paid?  If you categorize the friend's $20 as gift, then that is what you are doing.  And it is not income, it is a reimbursement.

    -splasher using Q continuously since 1996
    - Subscription Quicken - Win11 and QW2013 - Win11
    -Questions? Check out the Quicken Windows FAQ list

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