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How to enter credit card charges and paying the credit card in QuickBooks

Apr 13

Written by:
4/13/2013 9:47 AM  RssIcon

This is how to entery Credit card charges and payments into desktop QB versions:

Entering Credit Card charges directly into QuickBooks through the Enter Credit Card Charges window. You can also pay the Credit Card with a check. See below for more detailed information.

Solution Description

To enter the Credit Card charges:
  1. From the Banking menu, select Enter Credit Card Charges.
  2. In the Enter Credit Card Charges window, choose a credit card account in the Credit Card drop down box in the top left.
  3. Under Purchased From, choose the vendor used your credit card at.
  4. Under the expenses tab or items tab, fill in the expenses/items that you want to track as a credit card purchase.
  5. Click OK.

Note: This puts the amount you owe the credit card in the credit card account (other current liability) under the Chart of Accounts.

To Pay the Credit Card:
  1. From the Banking menu, select Write Checks.
  2. In the Bank Account drop down in the top left, choose the bank account you are paying the credit card from (ex. Checking).
  3. Under the Expenses tab, choose the Credit Card account.
  4. Enter the amount you want to pay towards the credit card in the Amount column under the Expenses tab.
  5. Click Save & Close.

Note: This will reduce the Credit Card amount by the amount that you pay through the Write Checks window.

If this solution does not resolve the issue, please review other available blog notes or call us direct at: (414)350-0024

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Updated: 4/12/2013
Categories: Run the Business Set, QuickBooks Enterprise 11, QuickBooks Enterprise 10, QuickBooks Enterprise 9, QuickBooks Enterprise 8, QuickBooks Enterprise Solutions, QuickBooks Premier 2011, QuickBooks Premier 2010, QuickBooks Premier 2009, QuickBooks Premier 2008, QuickBooks Premier, QuickBooks Pro 2010, QuickBooks Pro 2009, QuickBooks Pro 2008, QuickBooks Pro, Enterprise Accountant 12, QuickBooks Enterprise 12, QuickBooks Accountant 2012, QuickBooks Premier 2012, QuickBooks Pro 2012, QuickBooks Bookkeeper 2013, QuickBooks Pro 2013, QuickBooks Premier 2013, Enterprise Accountant 13, Enterprise Accountant 12, QuickBooks Enterprise 13, QuickBooks Accountant 2013, QuickBooks Bookkeeper 2012


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