My payments to my CC are seen as income

DeancasDeancas Member Posts: 5

When I connect my CC to wave it shows the payments I make to my CC as income. How do I change that? I'm not an accountant, I could just delete the transaction but should I? It also does this when I mark an invoice paid and then the deposit shows up in the connect bank account.

Comments

  • ConnorMConnorM Member Posts: 1,229 ✭✭✭

    Hey @Deancas, thanks for reaching out here! Instead of income on that credit card account, what would you like those transactions to look like? Since they're considered payments of your debt to your CC, that would be an income transaction. Marking an invoice as paid is always going to create an income transaction, as well. When the deposit shows up in the connected bank account, you can either delete the automatically created transaction, or merge those transactions.

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