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arkvalleyinfo
Dec 11, 2018 1:38 AM UTC
Solved

How do you record interest charges for credit cards?

I just started using QB and have not signed up for Online Banking until I become more familiar with the product.  I need to know how I can enter credit card interest charges so I can reconcile my credit card.

    SkinnyRavenAnswer
    Dec 11, 2018 1:38 AM UTC

    Enter credit card charges, assign your expense account. Or use the service charge field when you reconcile the account.

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    33 replies

    SkinnyRavenAnswer
    Dec 11, 2018 1:38 AM UTC

    Enter credit card charges, assign your expense account. Or use the service charge field when you reconcile the account.

      jesserain
      Dec 19, 2018 11:45 PM UTC

      Where is the service charge field?  The only fields I have are Beginning Balance, Ending Balance and Ending Date.

       

      *Edit:  Sorry, my question is about QBO.  I just saw this was desktop.

      AlcaeusF
      AlcaeusF
      Dec 20, 2018 1:26 AM UTC

      That's not a problem, @jesserain.

       

      I can help you locate the service charge field when reconciling in QuickBooks Online (QBO).

       

      When you reconcile an account in QBO, you can locate the service charge field at the bottom of the Reconciliation Window.

       

      Here's how:

       

      1. Click the Gear icon at the top, then pick Reconcile under Tools column.
      2. On the Reconcile an account window, you'll see the Service Charge field under Enter the service charge or interest earned, if necessary.

       

      You may also refer to the sample screenshot below.

       

       

      That's it! I hope that this response finds you with a smile. Please don't hesitate to post again or leave a comment below if you have any follow-up questions. I'm always here to help. Have a great rest of the day.

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