How to add a credit card with an outstanding balance

Summary

How to add a credit card with an outstanding balance in Sage 50 Accounting.

Resolution

Use one of these two options to add a credit card with an outstanding balance:

Create a new credit card and add an outstanding balance

  1. Set up a new company Credit Card.
  2. Create a journal entry to enter the outstanding balance.

Add the credit card as a new vendor

  1. Create a credit card as a vendor.
  2. Create a purchase invoice.
  3. Make a payment when you want to pay the outstanding balance.

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Solution Properties

Solution ID
223924950045790
Last Modified Date
Mon Nov 21 17:54:25 UTC 2022
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