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Categorizing a Credit Card Bill Payment

ray2912ray2912 Member Posts: 1

Hi, I have connected a credit card to my account and now see their transactions - great.

However, what or how do I categorize the credit card payment itself, which, is made up of many individuals purchases already identified within transactions? Selecting it (on its own) does not allow me to treat it as a transfer. If I categorize it as a bill payment, the debit will be duplicated from my accounts?

Any help?

in Accounting Technical Support

Comments

  • Petra_BPetra_B Member Posts: 37

    You should be able to make a transfer to your credit card, @ray2912. You just need to categorize that income transaction to your credit card as "Transfer from a bank account". It should be one of the first options. You'll then choose the right bank account and you are done! Wave will go and find the matching transaction from your bank account on its own.

    If you're still on the old version of Wave, it might work differently.

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