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apolski
Level 2

Payment made from Line of Credit: not possible in QBO

Hey everyone,

 

I made a payment to a supplier directly from my line of credit (LOC). In QBO it wasn't possible for me to choose the LOC as the funding for the transaction.

 

Instead I made up a payment on my credit card; and then made up a transfer from the LOC to my credit card in QB. While this balances my LOC, my credit card is showing a payment I never made. Any ideas how to balance this properly?

Solved
Best answer March 07, 2022

Best Answers
Rustler
Level 15

Payment made from Line of Credit: not possible in QBO

As far as the CC goes, just check off the payment and deposit when you next reconcile.

 

I suggest an LOC be set up as a CC type account, that is basically what it is IMO

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1 Comment 1
Rustler
Level 15

Payment made from Line of Credit: not possible in QBO

As far as the CC goes, just check off the payment and deposit when you next reconcile.

 

I suggest an LOC be set up as a CC type account, that is basically what it is IMO

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