Recording credit card payments and matching transfer payment?
Hi, I have Business Credit Card and a Business Account. I often pay for something on my Business Credit Card and then usually transfer the money from my Business Account to my Credit Card to pay the balance of these credit card transactions usually once a month.
1) How do I record the bills / receipts for transactions I have paid with my credit card to show they were on my company credit card?
2) How do I record the monies I have transferred from my Business Account to my credit card account to show I have paid off the balance? eg. the monies transferred might cover lots of different bills / expenses paid on the credit card so it will be the total balance rather than transferring individual transactions at a time.