Credit Card Payments


When I record a purchase it gets added to my expense totals. When I then record a creditcard payment it also gets added to my expense total. this makes my expenses look 2x the amout actually spent.  How do make these entries so this does not happen?

Best Answers


  • NotACPA
    NotACPA SuperUser ✭✭✭✭✭
    A credit card charge should be recorded in a Credit Card account in Q.
    THEN, the card payment, which is recorded as a transfer from your checking account to your card account, isn't an Expense.
    SO, how are you doing it?

    Q user since February, 1990. DOS Version 4
    Now running Quicken Windows Subscription, Business & Personal
    Retired "Certified Information Systems Auditor" & Bank Audit VP

This discussion has been closed.