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GolfNut72
Level 4
posted
‎August 05, 2020 09:41 AM
last updated ‎August 05, 2020 9:41 AM

Received credit bonus on credit card - How to enter in Quickbooks

I have a client that signed up for a new credit card and as part of the agreement received a $250 Credit Bonus against his outstanding balance.

 

How should that be accounted for in QBO?  Should it be recorded as Miscellaneous Income?

 

Thanks

EJ

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Best answer August 06, 2020
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gayatriluthfias20
Level 7
‎August 06, 2020 12:07 AM

Received credit bonus on credit card - How to enter in Quickbooks

Hi @GolfNut72 , yes you could create new new income account. Type: other income, detail type: other misc income. Comment below for further assistences, cheers.

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1 Comment 1
gayatriluthfias20
Level 7
‎August 06, 2020 12:07 AM

Received credit bonus on credit card - How to enter in Quickbooks

Hi @GolfNut72 , yes you could create new new income account. Type: other income, detail type: other misc income. Comment below for further assistences, cheers.

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