how to use credit cards in quickbooks 2018 desktop

#How to use credit cards in quickbooks 2018 desktop plus#

This little QuickBooks tip will help save you time and keep a nice clean and organized chart of accounts. Click Yes and your accounts will be merged.QuickBooks will display a message that says: 'This name is already being used.In this step, fill out all the relevant information in the account details and click on save and close. Now click on Expense under the Vendors section and choose a Payee and on the Bank/ credit card, choose a credit card.

#How to use credit cards in quickbooks 2018 desktop plus#

The company can then reimburse you for its share of the bill, with the check coded against this Due to Owner account. At first, go to the Plus icon at the top after opening the QuickBooks. You can enter charges just as you would with regular company cards, noting the vendor as well as which card was used in the memo line.

Paste the name of the account you are keeping over the name of the account you want to get rid of Instead, create a Credit Card account called Due to Owner Personal Credit Card.

Go back to your chart of account and right click on the account you want to merge with the account you are keeping.

Copy the name of the account you want to keep.

Right click on the account you want to keep and click Edit Account.

Inexperienced QuickBooks users have a tendency to want to re-code each transaction and then delete the unwanted account.Ī much faster solution to this resolving this issue is to merge the accounts. Most likely the repetitive account was set up by another user that was not keeping consistent with the previous person handling the bookkeeping.

Many times various accounts are made to represent the same type of item or expense.Īs an example I often see two expense accounts in the same chart of accounts called Repairs and Repairs Expense. In QuickBooks it is possible to merge accounts.