How do I categorize when paying off a credit card balance in QBO?

Hello Budget-Insurance, let's handle the payment for the credit card balance properly.

In QuickBooks Online, we can record the payment for the credit card balance by transferring it. I'll walk you through the complete steps on how to do it.

First, transfer the payment:

1. Go to the Banking menu. 
2. Click the account you need to transfer the payment from.
3. Select the transaction, then select the Record as transfer radio button.
   
4. In the Transfer account ▼ drop-down menu and select the account you want to send the transaction to.
5. Select Confirm.

Then, let's match it with the new account:

1. Locate the transaction by choosing the Recognized tab.
2. Pick Match from the Action column.

That helps. If you need further help selecting proper accounts, we can consult our accountant to ensure we record payments and use accounts accurately. Find QuickBooks Certified ProAdvisor.

To manage your bank transactions from time to time, we can click the links below for guides:

• Categorize and match online bank transactions.
• Set up bank rules to categorize online banking transactions.

Comment below for more concerns about recording transactions and handling bank data in QuickBooks. You can always post them here. Take care always.

Sorry, while this is a method of using the "transfer" option for paying a credit card, this does not address the issue of the specific accounts payable ledger account needing to be debited.