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Prepaid Expense with Credit Card

Noah_0Noah_0 Member Posts: 1

Hi,

I'm having trouble logging a prepaid software expense that I paid in full for a software service for 12 months using my linked credit card. I am trying to:

deposit/debit "prepaid services" asset account for the full amount
withdrawal/credit "Credit Card ending XXXX" (that is linked) for the full amount.

When I try to enter this, the credit card in question does not show up under liability accounts - only "accounts payable" is displaying... but I already paid in full immediately using the credit card so I do not want to credit accounts payable. Any suggestions?

in Accounting Technical Support

Comments

  • JulianPJulianP Member Posts: 1,002 ✭✭✭

    Hey @Noah_0 !

    After taking a look on the back end, I can see that one of our support agents assisted you via your ticket request. If you have any other questions, feel free to reach back out! :smile:

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