cancel
Showing results for 
Search instead for 
Did you mean: 
LoveGreen
Level 1

Credit card company refunded credit balance

Hello, my credit card company issued a check for a credit balance after it had sat for a few months. I deposited the check to my bank account. How do I record this correctly so it makes my credit card register be zero? I need instructions for Quickbooks desktop. Thank you!

2 Comments 2
BigRedConsulting
Community Champion

Credit card company refunded credit balance

Use the credit card account as the account on the detail row of the deposit.

LoveGreen
Level 1

Credit card company refunded credit balance

Thanks. It seems like that worked. It is fine that QB labels it a transfer?

Sign in for expert help
Ask questions, post replies & join our community of QuickBooks users.

Need to get in touch?

Contact us