@ndfbroadwick wrote:
Finfrock Tax, I understood your format from the start that leads to 3 scenarios of payments. By the way, thanks for adding the additional scenarios, which can be helpful should they occur. However, when I reformatted your explanation for the first scenario (direct payment to CC company) to a double-entry ledger, it doesn't appear to balance out. I'm in the process of evaluating it again.
Sorry for the continued confusion. Are you making these entries as JE's? Or are you posting them through QB functions? The debits and credits should balance out if making JE's in a double-entry ledger. I personally feel that the JE's are much easier; however, if you're using QB functions, you'll need to set some things up in advance before posting the various entries through the QB buttons/functions.
