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Connect with and learn from others in the QuickBooks Community.
Join nowI recently been approved for a SECURED credit card for solely business expenses.
What are the steps necessary to take in order to set this up in QBO?
How to record deposits to fund credit card, credit card use, and credit card payment?
Congratulations on your secured credit card approval, Arbooks1!
Deposits to the said card can be recorded as a credit card payment, such as a credit card credit or a check transaction. You can also add your downloaded payment transaction or add one when you reconcile. Here is an article with detailed steps for all these methods: Record your payments to credit cards in QuickBooks Online.
On the other hand, if you want to see some references for QBO, you can visit the main support page, scroll down a bit, and click More topics.
Let me know if you need more help with your upfront deposits to your card. Have a good one!
Thanks for checking this out in the Community, gabakusa.
You can record the deposit as a credit card payment. QBO also provides three options on how you can record this type of transactions. I'd be glad to share all the steps with you.
First, use the Pay down a credit card feature. Here's how:
Second, you can record it using the write check option. Let me show you how:
Lastly, you can categorize the transaction as an expense if your bank is connected via online banking. Here's how:
You can also read more details about this processes here: Record Your Payments to Credit Cards in QuickBooks Online.
Let me also share these articles for more information and additional guidance as well:
Let me know if you have other questions when managing your credit card transactions. We'll make sure to answer them for you.
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