Businesses who track their credit card expenses QuickBooks Online (QBO) have a challenge. Corporate credit card accounts like Chase, AmEx, and Bank of America have multiple cards for each employee. In QuickBooks Online, these sub-cards need to be treated as sub-accounts.
Here is how to set up corporate credit card accounts in QBO, from the Chart of Accounts to the Banking Feed to Reconciling. We'll even show you how to zero out the cards every month so your Balance Sheet shows exactly what is owed!
We'll also take a look at Divvy, a QBO app with a more elegant solution.
This webinar is NOT eligible for CPE credit.