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Jane Brightwell
Level 1

Credit card payment from checking account

When I write a check to discover to pay bill each month QBO deductions from bank account then a few days later when the discover card feeds down load into QBO it Shows as a transfer and takes that amount from the Che king account again.  If I void the transfer transaction in checking it adds that much back to my CC balance please help 

1 Comment 1
GlinetteC
Moderator

Credit card payment from checking account

 You've come to the right place, Jane Brightwell.

 

I've just got the instructions you'll need to record credit card payments in QuickBooks Online. The Pay down a credit card is the main way to record your credit card payments in QBO:

 

  1. Click the + New button.
  2. Under Money Out (if you’re in Business view), or Other (if you’re in Accountant view), select Pay down credit card.
  3. Select the credit card you made the payment to.
  4. Enter the payment amount and the date of the payment.
  5. Select the bank account you paid the credit card with.
  6. If you made a payment with a cheque, select I made a payment with a cheque. In the Cheque no. field, enter the cheque number, or if you paid electronically, enter the EFT number.
  7. Select Save and Close.

Since you've mentioned that you've write a check, you'll have to create a transfer. Here's how:

 

  1. Select + New and choose Transfer.
  2. From the Transfer Funds From ▼ drop-down menu, select the bank account the credit card was paid from.
  3. From the Transfer Funds To ▼ drop-down menu, select the credit card that the payment went to.
  4. In the Transfer Amount field, enter the amount of the payment.
  5. Select Save and close.

For more information, please check out this article for the detailed guide about recording your payments to credit cards.

 

Please let me know if you have any other questions. I'll be around to help.