Making a purchase on a credit card

[Kirsty1]

Hi, sorry i am new to quickfile and wondered if anyone could advise please.

I have made some training purchases on a credit card, when i have entered these i have left them as showing unpaid and the amount is still outstanding - is this correct please?

If this is the case, when i make a payment how do i log this as paying the credit card so it doesnt show as additional income please?

Thanks in advance

[QFMathew]

Hi @Kirsty1

The general process for this would be:

• You’d have a bank account set up on QuickFile for your credit card (assuming it’s a business credit card)

• Create a purchase invoice for the purchase

• Mark the invoice as paid from the credit card account

The Credit card bank account should reflect your statement. A balance of -500.00 for example, would mean you owe £500.00 on the credit card.

Hope that helps!