Credit Card - Credit

Shannon Brouwer

Hello we are new to BB. I am working on reconciling the Credit Card. We have 10 cards that are all housed under one. We do not have the CC feed set up yet. I have 2 return credits that have gone through. What is the best way to record those.? Would you suggest a credit memo with a credit to the expense account and Dr to Credit Card Liability or would setting up and adjustment category be a better way? Thank you for any help or suggestions.

Kevin Brazell

@Shannon Brouwer if not using the CC Feed, than you'd set up an adjustment template in the Credit card account, and then add the adjustments for the credits back. Those work just like bank adjustments but for the credit card account.

Shannon Brouwer

@Kevin Brazell Thank you for the advice. I appreciate your time.