I spoke with my CPA and told me it's wrong and never to use "Other Asset" type account for credit card related transactions. Use "Other Current Asset" type acco...
@qbteachmtIn QuickBooks, "Other Assets" type is considered as Long-Term Assets on the Balance Sheet like Goodwill and Long-Term Notes Receivable. Instead, Can I...
@qbteachmt"1a. Enter Credit Card Charge by Company A, as Other Asset."Thank you for helpful instructions. I'm bit confused, why are you recommending "Other Asse...
