credit cards, statements, and the enter bills feature
Ok...I have Quickbooks Accountant Desktop, though not an accountant. I would like a simple step by step on how to enter the bill when I receive my credit card statement. The statement closing date is 09/11/20, payment due date is 10/04/20. On the statement a payment was made on 09/04/20 and interest charge on 09/11/20.
This is September's statement, October's payment. Something is throwing me off and I cannot figure this out. Let's make like I just received the statement. I need to enter the bill and reconcile the account for September. I know how to reconcile but have never used the thing that asks to make a bill for me. Have read somewhere not to do that for some reason. Anyhow will someone please just walk me through this process?