Entering Credit Card Charges

About

Adding credit card expenses helps in circulates fast and safe accounting. It facilitates to do fast billing in purchasing supplies and inventory. You can easily record your transactions by adding your card to the QuickBooks account chart.

Enter Credit Card Charges

Why You Add Your Credit Card To QuickBooks

  • Track service and products for which the vendors is paid.
  • Helps to track the record of each purchase.
  • Restore the credit card activity to the monthly statement from your credit card provider.

Steps To Add Credit Card Expenses

  • From the menu, select the ‘banking’ option then click ‘Credit card charges’.
  • Click Credit Card list and then select a credit card account.
  • Then enter the name of the business you paid with your credit card from the ‘purchased’ option
  • Select your purchase and charge button, so to maintain a record.
  • Then add proper date set up from the ‘date’ option.
  • Properly assign your amount of expenses from the amount field.
  • You memo list to add the cause of charging and description.
  • Locate the transactions and from the Account drop-down list, select ‘account category’ for the ‘expense’.
  • For maintaining bills of supplies and products to vendors, you can click on ‘item list’ to retain records.
  • After examining all the entered information click saves and closes.
  • All the expenses get saved in the Credit Card register.

Advantages

  • Setup monthly transactions efficiently.
  • Allows users to track account balances and keep updated with accounts.
  • Helps to restore monthly statements.
  • Provide the downloaded transactions to help in the ‘end year checklist’.