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MHines2022
Level 1

How do I record a personal credit card transaction in Quickbooks

Hi! 

 

I have made some purchases for my new busines with my personal credit card.  I do not want to link this credit card in quick books (I will be applying for a business CC but for now this is the way I am required to do it).  How do I record these transactions in QB without linking the card?  I have tried uploading the receipts but I keep getting an error ("You need to select a different type of account for this transaction").  Should this be input as a "Journal Entry"? If so, when I input the information I also get an error (Balance Debits and Credits) - Help!

 

Thanks!

 

M

 

 

 

 

2 Comments 2
Rustler
Level 15

How do I record a personal credit card transaction in Quickbooks

Avoid journal entries in QB

 

Create a cash type account called owners

enter the transactions in that account

enter a deposit for the total amount and use owner equity investment as the source account for the deposit

MHines2022
Level 1

How do I record a personal credit card transaction in Quickbooks

Hi Rustler,

 

Thanks for the reply.  I tried your solution but am still being met with error messages.  I have attached three screen shots - would you be able to take a quick look to see if I'm getting one of your steps wrong? 

 

Thanks,

 

M

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