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booklover
March 9, 2022
Question

credit card transactions into qbdt

  • March 9, 2022
  • 1 reply
  • 0 views

Hi everyone, 

I used batch enter transactions for all the bank statements transactions from the past and they were entered without errors into QBDT. 

Now I am not clear about Credit Card transactions. Ok, for the purchases on credit card I selected Credit card charges, but for payments made in credit card what do we select, is it Bills? Or deposits? 

 

also, the type of account that credit card goes is Bank OR we need to create a credit card account type and then the name of the credit card in the account name? 

 

thank you for any help

 

 

1 reply

AlexV
AlexV
March 9, 2022

Hi booklover!


Let me help you in tracking the credit card transactions.


Yes, you should create a credit card account and not a bank account on your Chart of Accounts. Please note that these two account types are different. 


Also, you can enter the purchases or credit card charges using the Enter Credit Card Charges option. For the payment, you can simply write a check.


Please check this link: Set up, use, and pay credit card accounts. This has the detailed steps from setting up the account to recording the transactions and payments.


Also, this article will explain more on how to reconcile your accounts: Reconcile an account in QuickBooks Desktop.


Keep on posting if you need more clarifications in tracking transactions. I'll assist you!

B
bookloverAuthor
March 9, 2022

Yes I created a Credit Card account type, i needed to make sure of that, and thank you. 

but i have these transactions from 2018-2021 payments that were made into the credit card from checking account when purchases were made in 2018-2021. I need to go and write a check for every transaction? 

or I should do Batch enter transactions and select checks, not bills, not deposits? 

Thank you so much for your help 

AlcaeusF
AlcaeusF
March 9, 2022

Hello there, @booklover.

 

Thanks for getting back to us here in the Community. Allow me to chime in and answer your follow-up questions about your credit card transactions.

 

Yes! You can use the Batch Enter Transactions to create checks instead of recording them individually. Just make sure to select Checks as the Transaction Type.

 

For more information on how to go about the process, you can refer to this article and proceed to the To enter transactions by batch section for further guidance: Enter transactions by batch in QuickBooks Desktop.

 

For tips and other resources, I recommend visiting our website for future reference: Self-help articles.

 

Please post again or leave a comment if you have more questions about this or anything else QuickBooks. I'm always ready to help. Take care.

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