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Credit Card Payments

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Michael

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Dec 30, 2009, 4:36:04 PM12/30/09
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Should credit card payments use the "credit card" category or should
they be recorded as Transfers ?

Thanks

Robert Neville

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Dec 30, 2009, 5:46:02 PM12/30/09
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Michael <bgree...@gmail.com> wrote:

>Should credit card payments use the "credit card" category or should
>they be recorded as Transfers ?

Assuming your individual credit card transactions are in a credit card account
and you are paying the card from a checking account, the checking account
transaction would be a transfer to the credit card account.

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