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Status Answered
Created by AgExpert Support
Created on Nov 19, 2018

Disqus Agexpert Accounting Questions Archive

How do record a cheque received from insurance for hail damage to home and farm buildings

thanks

  • ADMIN RESPONSE
    Feb 10, 2025

    Hey there! You can deposit that as an Income line. The account may need to be created and can be called Insurance Proceeds unless you have a specific naming convention you prefer to use.

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