I appreciate your prompt reply, @Lusk. I'm here to clarify a few things about how credit card balances are affected each time you record bill payments in QuickBooks Online (QBO).
A Credit Card (CC) gives you an option to borrow funds for purchases or for paying bills, though please note that it is a liability account and not an asset account. For example, when paying a bill or expenses using a bank account, then your bank balance would be reduced. But, if you're paying it with a CC, then it will increase your CC card balance.
You're also correct that when you record a bank transfer from your main bank account to the CC account (to pay off the CC balance), it will reduce the CC balance as it should. You may check out this article to learn more about how it affects double-entry bookkeeping: How accounts are affected by debits and credits.
Nonetheless, I highly recommend reaching out to your accountant if you need additional guidance or questions regarding recording these entries. They can also guide with technical and accounting perspectives within the program.
Additionally, you may check out these references as your guide to view various procedures to reconcile your online transactions seamlessly:
Please know that you can always get back to this thread if you need further assistance with recording credit card transactions. I'll be around to provide the information you need.
