How do I keep credit card payments from displaying on expenses?

PHuffman

I enter all credit card payments manually. I do have accounts for each card. I enter expenses as they are charged to the card. Credit card payments are made by checking from my bank checking account. They are recorded as a TRFX and the catetory is the credit card numbe in brackets. Example {Discover] When I save the transaction the amount paid does show up on the Quicken card account.

Here is my problem:

When I run my monthly reports the balance paid shows up under income and the same amount shows up on the report under expenses. Although they balance each other out, my totals are distorted.

Jim_Harman

Click on the gear to customize the report.

On the Accounts tab, make sure both the checking account and the credit card account are included in the report.

On the Advanced tab, next to Transfers, select Exclude internal. This rather confusing option tells the report generator to ignore transfers between accounts that are included in the report.