Hello there, @Anonymous.

I’m here to help categorize the transactions and make sure that QuickBooks balance matches with what’s on the credit card website.

Before we begin, may I ask if the credit card is connected to QuickBooks? If so, importing the same transactions you've already downloaded causes the balance in the account to go up.

Choose which method suits your business best. Either you download the transactions directly within QBO and edit the category to COGS or import and add them to the register with the correct account. Performing both processes at the same time can cause duplicates and incorrect balances.

You can also match the downloaded or existing to the imported transactions to maintain the correct credit card balance. I recommend checking out the following articles for more information: 

• Downloading bank transactions automatically (bank feeds).
• Assign, categorize, edit, and add your downloaded banking transactions.
• Add and match downloaded banking transactions.

That should answer your concern for today.

Post again in the Community if you have any follow-up questions, I’m always here to help. Have a good one!