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kno's avatar
kno
Experienced User
2 years ago

insurance claim payment

I have an insurance policy with an insurance company. The insurance company is listed as a supplier for the premium payments. Recently made a claim against this policy. have the details in the in tray but as income canot createinvoice. do I need to set up a separate card for insure as customer? I am not asking which account to put it under

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  • Earl_HD's avatar
    Earl_HD
    MYOB Moderator
    2 years ago

    Hi kno 

    Thank you so much for your post. Setting up a different card for insurance works. But. we do recommend speaking with your accountant with this. 

    We do have a help article that will give you more information about: Insurance settlements  

    Regards,
    Earl