Hi there, Steve C.
Thank you for visiting again the QuickBooks Community. I'll share steps so you're able to properly categorize credit card transactions and how it works.
QuickBooks Online allows you to enter credit card payments in many ways so you can keep track of your expenses and maintain reliable financial reports. With this, you can use the Pay down a credit card feature to start with. This is the main way to record your credit card payments in QuickBooks so your account stays accurate.
Here's how:
- Click the + New icon.
- Under Money Out (if you’re in Business view), or Other (if you’re in Accountant view), choose Pay down credit card.
- Select the credit card you made the payment to.
- Enter the payment amount and the date of the payment.
- Choose the bank account you paid the credit card with.
- If you made a payment with a check, select I made a payment with a check. In the Check no. field, enter the check number, or if you paid electronically, enter the EFT number.
- Fill in the other necessary fields.
- Hit Save and Close.
If you've made a credit card payment using a check, you can record it in QuickBooks by creating a check. You can click this article on how to perform the process: Record your payments to credit cards. It also provides instructions on how you can pay your credit card transactions.
On the other hand, yes, QuickBooks will show as two different transactions (purchase of item and payment of statement) after following the steps above.
Please refer to this article to view steps on how you can record a single payment to bills from multiple vendors: Record a bill payment by EFT, ATM card, or debit card.
Please let me know if you have any questions or concerns about this process. I'll be here every step of the way. You can reach out to the Community at any time. Take care and have a wonderful week ahead!
