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Credit Card Account

 

 

 

 

Definition

 

Credit Card Account has been pre-set in Q6 for user to record any related credit card transaction. User may create more credit card account under Liability type as necessary. Credit Card Account is the only liability account shown under Bank Transactions and enabled for bank reconciliation.

 

Steps on how to create New Credit Card Account

 

1.Go to Settings > Accounts.

2.Click on Chart of Accounts.

3.Select New Account.

4.Select Current Liability from Account Type.

5.Enter information into required fields. Please make sure you have ticked the box on "Is this Credit Card Acount"

6.Save.

 

 

 

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