We regularly use credit cards to pay for operating expenses and inventory items. What is the best way to handle these transactions?
It depends on the degree of control you wish to place over credit card purchases. Return to Top My staff person does OK with paying bills and getting out customer invoices but journal entries are a problem. Use “Memorized Transactions” – this is a great timesaver but one that is not well documented. You simply bring up the memorized journal entry, change the date and amounts, post it and you’re done. It can also be configured to remind you when it’s time to do the entry.
