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March 19, 2024
Question

Balancing credit card statement when ending balance doesn't match due to discounted invoices.

  • March 19, 2024
  • 2 replies
  • 0 views

Hello, 

My credit card statement ending balance doesn't match due to discounted invoices for early payment. How do I account for these early payment invoices on the statement? 

2 replies

BigRedConsulting
March 19, 2024

If the charges in your credit card register are wrong, edit them and change them to be correct - to what was actually charged.

AE100_2Author
March 19, 2024

I actually did not correctly explain what happened.  I paid the credit card charges and some of the invoices were discounted because I paid them early.  On my statement it does not show the discounted invoice, only the full price. In the past I have just adjusted the difference off after balancing the statement but I don't think this is the correct thing to do.