Mileage Reimbursement Accounting

Hello all,
I'm a pastor who receives a monthly reimbursement for business miles traveled. I manage my personal finances in Quickbooks. My question is: How
do I account for this check in Quickbooks? I wouldn't think that setting up an income account called "mileage" would be accurate since the check isn't income. Suggestions?
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload

Technically it's a contra-expense account in that you have recorded the expenses of driving (gas, oil, repairs, tags, insurance, etc) and this is a reimbursement or refund of those expenses.
It matters not how you record it in your books and records, but it does matter for tax purposes.
--
Paul A. Thomas, CPA
Athens, Georgia
  Click to see the full signature.
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload
<snip> Technically it's a contra-expense account in that you have recorded the

Thanks Paul,
But my question is: how do I show it in Quickbooks while still making my books balance? I suppose I could just create an income account for mileage, but then I have to manually deduct it every time I want an accurate income total.
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload

Credit your income account, or a contra-expense account, and debit your bank.

Not really. It's either income to you - or an expense reduction. The bottom line is static regardless of what you call it or where you put the expense reimbursement.
If you can create an "Other Income" category, place this item there.
--
Paul A. Thomas, CPA
Athens, Georgia
  Click to see the full signature.
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload

BeanSmart.com is a site by and for consumers of financial services and advice. We are not affiliated with any of the banks, financial services or software manufacturers discussed here. All logos and trade names are the property of their respective owners.

Tax and financial advice you come across on this site is freely given by your peers and professionals on their own time and out of the kindness of their hearts. We can guarantee neither accuracy of such advice nor its applicability for your situation. Simply put, you are fully responsible for the results of using information from this site in real life situations.