If you use a credit card for payments, you need to first create a credit card account.
- Under Control Panel on the Home page ribbon, click on Chart Of Accounts.
- On the side there are a few tabs, click on the Credit cards tab and then click Add New Account.
- You can describe the account with the name of your credit card such as Barclays and then click on OK.
- Click Save at the bottom of the page.
When you pay a supplier with the credit card you should do as follows:
- Create a new expense for the supplier as you would usually do.
- Enter all relevant details or make sure everything matches to the invoice if you have one uploaded.
- Click on Pay invoice at the bottom or you can save and then go back into the invoice to pay.
- Click on the dropdown by Account and select your credit card account e.g Barclays.
- Apply to relevant invoices.
- Save and close.
- You can see all credit card payments by going to the banking window and selecting the credit card account from the list of accounts.
To reconcile multiple credit card payments that appear in your bank account as one lump sum, please see the following article: