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Quicken Accounting - Credit Card Transactions Reporting and Expenses
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<blockquote data-quote="tclanki" data-source="post: 26597757" data-attributes="member: 267234"><p>how did you setup your accounts in quicken? You need to have Expense accounts in quicken. Credit Cards, Cash Bank accounts must be created as "BANK" accounts. </p><p></p><p>If I was you, my transactions would be a General Entry or creating a bill with the relevant expense category. Imagine I brought something from KFC worth 10,000.00. So I would either enter it as a Bill or Create a General Entry crediting to my Credit Card account. When Im making a payment to my credit card, I would use Fund Transfer or another General Entry Debiting my CC and Crediting my Bank / Cash accounts.</p></blockquote><p></p>
[QUOTE="tclanki, post: 26597757, member: 267234"] how did you setup your accounts in quicken? You need to have Expense accounts in quicken. Credit Cards, Cash Bank accounts must be created as "BANK" accounts. If I was you, my transactions would be a General Entry or creating a bill with the relevant expense category. Imagine I brought something from KFC worth 10,000.00. So I would either enter it as a Bill or Create a General Entry crediting to my Credit Card account. When Im making a payment to my credit card, I would use Fund Transfer or another General Entry Debiting my CC and Crediting my Bank / Cash accounts. [/QUOTE]
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Dahaya deken beduwama keeyada?
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