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How to Record Company Credit Card Charges In QuickBooks

October 26, 2010

Set up a Credit Card Account in your Chart of Accounts for each card you have. If your business has several, you may want to set up one main CC Account and then add each card as sub-accounts.

You can either enter the charges as they are made, or wait until the statements come in and post them all at one time. Either way is fine, just remember to be consistent!

To do this:

  • Go to the Banking menu and click Enter Credit Card Charges.
  • Click the Credit Card drop down arrow and then click the appropriate credit card or add a new one.
  • Click the Purchased From drop-down arrow and then click a vendor or enter a new vendor.
  • Enter the amount of the charge in the Amount field.
  • Click the Expenses tab and select the appropriate expense account.
  • Save the charge.
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    From → QuickBooks

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