Handling Interest Payments

Management and Administration
1

cravaus wrote on Tuesday, February 10, 2015:

On my EOB from Medi-Care they are paying me .24 in interest. Apparently because they delayed payment a little. Where would I record this? For now it is just undistributed.

2

fsgl wrote on Tuesday, February 10, 2015:

Two options:

  1. set up a house CPT, 00004 or whatever you want, to create a charge for interest & post payment against it.

  2. have interest as credit balance.