Mix Payment Record

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Assuming that the credit card purchases were recorded in the general ledger accounts prior to the company paying the credit card bill, the payment to the credit card company might be recorded with a credit to Cash and a single debit to Credit Card Payable (if that account was used when recording the credit card
Journal entry for credit card purchases: Immediate payment To find out, subtract the credit card merchant fees from the total sale amount. This represents how much money your business actually made from the sale. In your journal entry, you must: Debit your Cash account in the amount of your Sale Fees.
In the Chart of Accounts: Create Liability accounts for each credit card you use. Add an Expense account for credit card interest & fees. Enter Beginning Balances for each credit card. Create a Journal called Credit Cards or you may prefer to have a separate journal for each card.
Card charges are expense when card is used, even in cash basis accounting. You are borrowing as micro-loans from the cc company. This creates a loan type liability and when you pay the card company all you are doing is paying down loan balance.
Enter a bill to the credit card vendor, summarizing the total charges on one bill and entering a separate line for each expense account amount. Enter individual credit card charges.
Purchase Credit Journal Entry is the journal entry passed by the company in the purchase journal of the date when any inventory is purchased by the company from the third party on the terms of credit, where the purchases account will be debited and the creditors account or account payable account will be credited in
Select + New. Under Vendors, select Checks. In the Payee field, enter the name of the credit card (Vendor's name). In the Bank Account field, select the bank account or credit card from which the payment will be made. In the Check no. Enter the Outstanding Transaction details and a payment amount.
Using the New Pay Down a Credit Card Option. 1) Located within the +New button on the Navigation bar select Pay down a credit card. 2) Select 'which Credit Card you want to pay' from the drop-down. 3) Now enter 'how much you want to pay' and the 'date you are paying it'.
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