Why are credit card transactions not posting correctly in the register?
I recently reactivated a credit card account for online transactions. The transactions for payments and charges downloaded and posted to the account in the proper columns in the register but have the opposite effect on the balance. Charges decrease the balance, and payments increase the balance on the account. I checked to make sure the the account type was setup as a credit card account to be sure the transactions would post correctly but Quicken is treating the transactions as if the account is a bank account. I've never encountered a situation like this ever, and I've used Quicken and Quickbooks for over 40 years.
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