Credit card expenses not shown on P&L
Entered credit card charges and used expense accounts to record individual items. When I reconciled and paid credit card the expenses did not appear on P&L Statement. I did this twice with same results
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11/18/09 8:40am PST
Viewed by asker 11/25/09 7:45am PST
Viewed by asker 11/25/09 7:45am PST
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3 Replies
11/18/09 10:13am PST
The solution
Are you sure the credit cards are entered within the date period for the P&L?
11/18/09 11:26am PST
Latest post
Wait a minute, Are you saying that if I records expenses for prior year and the Credit Card is paid in current year, none of the expenses will show on P&L. The way to check this out would be to enter expenses for current year with payments in current year. But what about the credit card payments made in this year...should I exclude them because they are for prior year expenses?
