Forum Message

Credit card entries

How do I record a purchase using credit card in Solar. Also when I make a payment to the credit card how is that recorded?


Posted by Alison Salmon on May 4, 2009 11:16 AM BST

Hi Alison,

For a credit card purchase, just record an expense as described here:
http://www.solaraccounts.co.uk/help/how-to-record-an-expense.php
Set the From Account to 'Mastercard' or 'Visa' etc.

When you pay off your credit card, create a bank transfer as described here:
http://www.solaraccounts.co.uk/help/how-to-record-a-bank-transfer.php

Regards,


Posted by Mark McLaren (Solar Accounts) on May 4, 2009 1:19 PM BST

Manay thanks that was very helpful


Posted by Alison Salmon on May 4, 2009 3:45 PM BST