I have a bank feed for my checking account and for my credit card.
I have payments in the bank feed for the credit card. How do I match it to the debit in my bank account? When I went to action and match to existing transaction, nothing comes up.
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The Payee is the credit card issuer, for example Capital One. The account can be the company business checking account name. If the payment is directly from a personal account then the account name can be either shareholder equity, shareholder loan, or something similar.
There are Two Things you would download from Credit Card:
The Spending or Purchases
The Payment that reduces the balance
The Spending is just Spending, such as Staples for Office Supplies expense or Internet service. A return is the same concept = the reversal of the spending, such as Return of a bad toner = goes back to Office Supplies expense.
The Payment that reduces the running balance in the card, paid from Checking, is like a transfer between these two accounts. Make sure to Not Accept this as Add To File from both perspectives. If you accept it from Checking, the "expense" is the Credit Card Account. Now the CC download finds the Match. Or, the Payment found in the download from CC is from Checking, and then, later, the Checking download needs to Find the Match.