Credit Card Transaction and Income and Expense Report

Maf. King maf at chilwell.net
Sun Oct 3 17:25:31 EDT 2010


On Sunday 03 October 2010 21:09:46 Oda Stout wrote:
> Need help on following:
>
> How do I enter a credit transaction to a MasterCard account?
>

Hi Jess,

Do you mean a "refund" transaction - possibly because you took some goods back 
to a shop?

Just regard it as a "negative expense", and enter it as you would a normal 
transaction (using the appropriate expense account as the other side).

HTH,
Maf.




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