I split the transaction - for example:

$25.00 credit card charge
$10.00 expense to computer software
$15.00 transfer to A/R Rebates (B/S Asset Account)

When I receive the $15.00 promotional check, I deposit it in checking and
transfer it to A/R Rebates - zeroing the account.

This allows me to track pending rebates I have not yet received and shows
the net expense (w/o overstating my expenses while waiting for the rebate).

Just a thought -
"Jim Hammond" <jpham[at]starstream.net> wrote in message
news:039701c3437e$016e6c20$a501280a[at]phx.gbl...
- quote -

Hello,

Being that MS Money only has income/expenses,what's the
best way to handle refunds/rebates, when they are neither
an expense nor true income?

Thanks,

Jim