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September 15, 2021
Question

How do you record the transactions in QB Online when you pay your linked business credit card using your linked business checking account?

  • September 15, 2021
  • 1 reply
  • 3 views
When the payment posts you have 1 new transaction in your linked business checking account and 1 new transaction in your linked business credit card! How do you classify those 2 separate transactions?

1 reply

Rustler
Level 15
September 15, 2021

They are not separate, they are the two sides of the same transaction

a payment made from the bank (in this case) uses the CC account as the expense (reason) and in the CC register the payment made shows as coming from the bank account