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How do I record credit card transactions?

Solution
  1. Record all your expense bills/receipts in the Expense tab.
  2. Record credit card transactions in one of the bank tabs. You can rename the bank in Settings to Credit Card XYZ. Use 1000 Accounts payable as account# for your expenses (OUT).
  3. Once you pay your credit card bill with your checking account use 1180 Transfers between A/C's in both banks.
    CC (IN)
    Checking (OUT)

 

 
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