QuickBooks Online Tutorial – how to enter credit card in the new QuickBooks Online (QBO)

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This quick and easy tutorial video shows you how to manually enter credit card transactions (charges, payments and credits) in the new QuickBooks Online (QBO).

1) how to enter credit card charges
2) how enter credit card payments
3) how to enter credit card credit for returned items or bonus credit

Another top-rated tutorial video offered by VPController for newQBO.com

Comments

TheLincolnBlogs says:

Maybe I missed it, but for the payee, can I just leave it blank (so I don't have to enter in every restaurant, gas station, etc) and just allocate the expense under my account details' chart of account category (rather than creating generic "Gas" "food" payees)…?

Erusha Kongara says:

Thank you for the video. I understand posting transactions for credit cards much better now. I have a couple of related questions to ask.

1. Before getting the business card we used our personal credit card for business transactions. When I am creating the account for our personal credit card, what would be the opening balance?

2. The personal and the business credit cards are both from the same provider. How can I differentiate them in quickbooks? I am thinking by card number. Is there a way to link the credit card to its number other than entering it in the description field? Please let me know.

Thank you!

blueovalgal says:

Can you explain how do I attach a credit card payment to ALL the items purchased (to that payment)? Do you have a video showing that? I need to show what items were purchased from that one credit card payment. I hope that makes sense. Thank you.

Joel Young says:

Thanks, lots of good examples. One example I was hoping to see is how to pay bills with credit card. Can you explain the correct way to pay vendor bills originating from your purchase order via a credit card?

Aziza Junifer Megrissi says:

Thank you very much for this video. but I am not sure how to enter the returns to the credit card? please help!

Katie Simenson says:

Thanks!!! Very helpful!

Abner Oropeza says:

Amazing video 

WhoIsDesir says:

Should I add an extra line item for interest expense or is it known that it is included in payment amount?

Tina M says:

Thank you for the video!!  Great explanation of how it all works together.

Ash von Chamier says:

This was very helpful, thank you. One question though, my situation is that I am wanting to record the INTEREST I am paying on my credit cards as a separate category listing. I will only be able to write off the Interest I am paying on my cards for my business taxes as I already wrote off the actual full purchases in their entirety on my taxes the previous year, which leaves only the INTEREST I am paying now as an option for a tax write offs this year.
   Is there a way to write a single EXPENSE ticket that splits the Interest being paid from the full amount? Would help a lot to be able to cue up just the interest paid over the year on credit cards. THANKS

Marshall Lee says:

Is there no way to get all expenses from the Credit Card automatically imported in ?  You have to manually to this one by one ?

Michael Lyons says:

Thanks.  Good video.  You answered all my questions about entering credit card transaction in QBO. 

Ro Hini says:

This video is great, the only thing I would like to know is what do we do if we pay the credit card by check, where and how can we enter that?

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