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jengebhardt
Level 2

Credit Card Payments

One of my clients makes payments to their business credit cards from personal/ other bank accounts they do not have or want tracked in QB. They currently have these payments showing up on their balance sheet as a Credit Card payment under "Current Liabilities." That doesn't seem right - is there a better way to categorize these payments? 

Solved
Best answer October 04, 2021

Best Answers
Rustler
Level 15

Credit Card Payments

Personal accounts are never listed in a business accounting

 

make the payment and use owner equity investment as the source for the payment.  The payment should hit the CC account not some liability account

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1 Comment 1
Rustler
Level 15

Credit Card Payments

Personal accounts are never listed in a business accounting

 

make the payment and use owner equity investment as the source for the payment.  The payment should hit the CC account not some liability account

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