Credit Cards and bills from POs

Allow me to help with your questions about credit card payments, robertoflores.

You don't need to match the payments made to the credit card company to the bill. This is because the transaction is already paid with a credit card and has a different amount.

Instead, follow these steps in how to manage the credit payment in QBO:

1. Click the + New button and select Pay down credit card.
2. Select the credit card you made the payment to.
3. Enter all the details of the payment including the amount, date of the payment, and the bank account you paid the credit card with.
4. If you made a payment with a check, select I made a payment with a check. In the Check no. field, enter the check number, or if you paid electronically, enter the EFT number.
5. Click Save and Close.

If the bank account you used to pay for the credit bill is also connected in the Online Banking section, follow these steps on how to categorize the payment:

First, transfer the payment

1. Go to the Banking menu and proceed to the Banking tab.
2. Select the account you need to transfer the payment from.
3. Look for the transaction, then select the Pay down credit card radio button.
4. Go to the Transfer account ▼ drop-down menu and select the account you want to send the transaction to.
5. Click Confirm.

Alternatively, you can transfer the payment with the Record as transfer option:

1. Go to the Banking menu and proceed to the Banking tab.
2. Select the account you need to transfer the payment from.
3. Look for the transaction, then click the Record as transfer radio button.
4. Go to the Transfer account ▼ drop-down menu and select the account you want to send the transaction to.
5. Click Confirm.

Once you're done with the transfer of the transaction, you need to match it with the new account.

1. Select the Recognized tab and locate the transaction.
2. Click Match under the Action column.

Here's an article about this process for more details: Record Your Payments To Credit Cards.

Let me also share one more article that you can use if you need more guidance when preparing your tax forms: Year-end Guide For QuickBooks Online.

Please know that you can always ask follow-up questions or create a new thread if you need anything else. We're always here to help with any QuickBooks-related inquiries.

Hi robertoflores,

Hope you’re doing great. I wanted to see how everything is going about matching or recording the credit car payment. Was it resolved? Do you need any additional help or clarification? If you do, just let me know. I’d be happy to help you at anytime.

Looking forward to your reply. Have a pleasant day ahead!