Using the Spend Money window to record company credit card purchases and payments

You can use the Spend Money window to track the balance due and expenses incurred on a company credit card.

Before you begin recording company credit card purchases, be sure to create a liability account to track the amount owed to each credit card provider. These accounts must be detail credit card accounts.

If you don't have time to record company credit card purchases as you make them, record your purchases when the statement arrives and allocate them to the appropriate expense accounts.

As with checking accounts, you can reconcile your credit card account using the Reconcile Accounts window.

You can also use the Bank Register window to record credit card purchases.

Related topics
To add an account
Reconciling bank accounts
Spending money using the Bank Register