Creating Credit Card Accounts in QuickBooks 2014: Video
This video shows creating Credit Card accounts in QuickBooks 2014.
Creating Credit Card Accounts: Overview
You should set up a QuickBooks credit card account in the Chart of Accounts for each credit card you use in your business. Like any QuickBooks account, a credit card account has its own register. The register lists all the charges and credits you’ve recorded, as well a payments you’ve made.
To create a credit card account, open the “Chart of Accounts” window by selecting “Lists| Chart of Accounts” from the Menu Bar. Then click the “Account” button in the lower left corner of the “Chart of Accounts” window and select the “New” command from the pop-up menu.
In the “Add New Account: Choose Account Type” window, select the “Credit Card” option button and then click the “Continue” button to open the “Add New Account” window. Enter the name for the account into the “Account Name” field. You can then assign an account number by entering one into the “Number” field if account numbering is enabled within your QuickBooks company file. You can then enter the account’s “Description” and “Credit Card Acct. No.” into the fields within the “Optional” section, if desired. Once you have added any information you want to record, click the “Save & Close” button to create the account.