Create a credit card account
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To correctly record credit card transactions, each credit card should be treated as a separate bank account. The account will have a negative balance representing what is owed on the credit until the balance is paid off.
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Go to Banking > Banks then select Add bank account.
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From Manually create and manage select Continue.
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Enter a Name for the account.
We recommend using the last 4 digits of the card number.
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The Account Code is the code that you want to use in your chart of accounts. This is generated for you, but you can enter a different code.
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You can select an Icon from the list to visually represent your bank. This is displayed on the Financial overview widget.
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The Start Balance should be zero.
If you have any existing credit card balance, you can record this opening balance using a journal.
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The remaining fields can be left at their defaults. Select Save.