How should I record credit card expenses?

To accurately track credit card expenses, follow this method:

1. For each credit card purchase, record an expense and select the credit card account.

2.When it's time to pay your credit card bill, make a record of the transfer from your payment account to the credit card.

Note: Transfers help in tracking the flow of money between different accounts. Actions like withdrawing cash or loading a transit card are typical examples of transfers.

Automatic Payments: If your credit card is set to automatic payment, the system will generate a repayment entry automatically on the due date.

For further guidance, please see:

How to set up automatic repayment for credit cards?How to set up credit card installments?

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