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      <div class="WebWorks_Breadcrumbs" style="text-align: left;">
        <a class="WebWorks_Breadcrumb_Link" href="banking.6.1.htm#1087762">Banking</a> &gt; Credit card transactions</div>
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      <blockquote>
        <div class="hs_SectionHeading"><a name="1087762">Credit card transactions</a></div>
        <div class="b_Body"><a name="1093050">Before you record credit card transactions, you need to create a </a>credit card liability account for each credit card you will use. Name the accounts VISA, American Express, etc. These accounts will keep track of the amount owed to the credit card provider. For information on creating an account, see <span class="l_Link"><a href="companyfile.4.5.htm#1091452">Set up accounts</a></span>.</div>
        <div class="hmn_ModuleHeadingNoSplit" style="margin-top: 14.0pt;"><a name="1093054">Recording payments for credit card </a>purchases </div>
        <div class="b_Body"><a name="1101905">You record a payment for a credit card purchase by specifying the </a>credit card account in the <span class="w_Widgets">Pay Bills</span>, <span class="w_Widgets">Spend Money</span> or <span class="w_Widgets">Bank </span><span class="w_Widgets">Register</span> window.</div>
        <div class="b_Body"><a name="1101906">The method you use to record a payment for a credit card </a>purchase depends on whether you have entered a purchase transaction using the <span class="w_Widgets">Purchases</span> window. </div>
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                <div class="bb_Bulleted_inner"><a name="1101907">If you have, then record the payment in the </a><span class="w_Widgets">Pay Bills</span> window. </div>
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                <div class="bb_Bulleted_inner"><a name="1101908">If you have not entered a purchase, record the credit card </a>purchase in the <span class="w_Widgets">Spend Money</span> or <span class="w_Widgets">Bank Register</span> window. </div>
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        <div class="b_Body"><a name="1148166">When you record the payment, the payment amount is assigned </a>to your credit card liability account.</div>
        <div class="hmn_ModuleHeadingNoSplit"><a name="1093749">Recording payments to credit card </a>providers</div>
        <div class="b_Body"><a name="1093081">When the time comes to pay your credit card provider, use the </a><span class="w_Widgets">Spend Money</span> window to record a payment from your bank account to your credit card liability account.</div>
        <div class="hp_ProcedureHeading" onclick="WebWorks_ToggleDIV(WebWorksRootPath, &quot;wwdd1093083&quot;);">
          <span class="N_007eProcBullet"></span><a name="1093083">To record a payment to a credit card provider</a><script type="text/javascript" language="JavaScript1.2">WebWorks_WriteArrow(WebWorksRootPath, "wwdd1093083", false);</script></div>
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                  <span class="N_007eStepNum">1	</span>
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                <div class="bs_BodyStep_inner"><a name="1093084">Go to the </a><span class="w_Widgets">Banking</span> command centre and click <span class="w_Widgets">Spend Money</span>. The <span class="w_Widgets">Spend Money </span>window appears. </div>
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                <div class="bs_BodyStep_inner"><a name="1093085">In the </a><span class="w_Widgets">Pay from Account</span> field, type or select the bank account you want to use to make this payment.</div>
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                  <span class="N_007eStepNum">3	</span>
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                <div class="bs_BodyStep_inner"><a name="1093086">In the </a><span class="w_Widgets">Card</span> field, type or select the credit card provider’s name.</div>
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                  <span class="N_007eStepNum">4	</span>
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                <div class="bs_BodyStep_inner"><a name="1093087">Type or select the payment date in the </a><span class="w_Widgets">Date</span> field.</div>
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                <div class="bs_BodyStep_inner"><a name="1093088">Type the amount you want to pay.</a></div>
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                <div class="bs_BodyStep_inner"><a name="1093089">Type a comment in the </a><span class="w_Widgets">Memo</span> field to provide a brief description of the payment you are recording.</div>
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                <div class="bs_BodyStep_inner"><a name="1093090">In the scrolling list area of the </a><span class="w_Widgets">Spend Money</span> window, type or select the liability account you’ve created to track purchases made with this credit card.</div>
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                <div class="bs_BodyStep_inner"><a name="1093091">Click </a><span class="w_Widgets">Record</span> to record the payment to the credit card provider.</div>
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        <div class="href_ReferenceBlockHeading"><a name="1156409">Related Topics</a></div>
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                  <span style="color: Gray;">■</span>
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                <div class="bbi_BulletedIndented_inner"><span class="l_Link"><a href="banking.6.4.htm#1087325" name="1156413">Spending money</a></span></div>
              </td>
            </tr>
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                  <span style="color: Gray;">■</span>
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                <div class="bbi_BulletedIndented_inner"><span class="l_Link"><a href="banking.6.6.htm#1108839" name="1156417">Entering transactions in the Bank Register window</a></span></div>
              </td>
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                  <span style="color: Gray;">■</span>
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              <td width="100%">
                <div class="bbi_BulletedIndented_inner"><span class="l_Link"><a href="purchases.8.17.htm#1117031" name="1156421">Paying bills</a></span></div>
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      </blockquote>
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