I have a whole series of Accounts Payable entries that SHOULD have been credit card charges. Is there some way to fix that?
If I write a check from my bank account to pay the Payables could I then transfer funds from the credit card to my operating account to cover the check? If so, would I do that with a Credit Card Charge Form or just a GL transfer?
Caren Schwartz (Moderator/CIC)
& Time &
Cents Consultants, LLC
www.3545consulting.com / www.timeandcents.com
Software for Managing Time, Money
Time Matters, Billing Matters,
Billing Matters Plus, PC Law CIC
Caren, what would be the best method to enter a client expense the day the credit card is charged for the expense. So that the client ledger is immediately charged and then once the card statement comes in pay from the general bank account. The problem I have is that once the individual charges for the client can be dumped into the appropriate g/l account; but when the check is written which g/l account would I use then.