Re: [GNC] Reimbursement for fraud

I will make no assumptions, not enough information to give you an 
answer. And of course this is really an accounting question. You also 
need to tell us if books cash basis or accrual basis (business features).

WHAT WAS THE ORIGINAL TRANSACTION? The original credit was to the credit 
card, but the debit was to account X?  NOW when you are reimbursed the 
debit will be to the credit card (if they did it that way) or to cash 
(if they did it that way) and the credit will be to account X. NOT 
INCOME. Reimbursement of an expense is not income.

This is for cash basis.



Michael D Novack




On 6/14/2026 11:06 PM, David T. via gnucash-user wrote:
> I am assuming that this fraud took some time to straighten out, and > there were amounts on your books for a stretch of time before it all 
 > cleared up. You want your accounts to look like that. > > First, I'd 
void the original credit card payment with a note about > the fraud, 
since it never went through. > > Next, I'd create a transaction for the 
fraudulent amount to a new > expense account Expenses:Fraud. > > 
Finally, when the money was recovered and returned, I'd enter a > 
transaction from Expenses:Fraud back to your checking account. > > 
IANAA, YMMV, IYKYK, IDKS, TKKKHITLLLH* David T. > > * I made that one up 
for "To know know know him, is to love love > love him" > > On June 15, 
2026 5:47:47 AM GMT+05:30, "Stan Brown (using GC 4.14)" > 
<[email protected]> wrote: >> On 2026-06-14 10:20, Robert Putman 
wrote: >>> I had a check to a credit card company that was washed and 
 >>> cashed by someone else. We reported it as fraud and was >>> 
eventually repaid. How do I record this in GnuCash so that it >>> 
doesn't appear as income but that will balance in GnuCash? >> >> If I 
understand you correctly, you did not actually lose (or gain) >> any 
money by this episode of check fraud. >> >> In that case, you don't have 
to record anything, since you had no >> income or expense and none of 
your assets or liabilities changed >> in value. >> >> If you want to 
record _something_ for historical purposes, you can >> enter a 
transaction with no transfer account and no amounts. GC is >> quite 
happy to accept such transactions and then you'll have a >> record in 
your checking account register in case some time in the >> future you 
need to know when this happened/ >> >> Stan Brown Tehachapi, CA, USA 
https://BrownMath.com >> _______________________________________________ 
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-- 
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equality of the grave.
_al_
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