QB Issue Resolution:
It is easy to record a credit card credit in QuickBooks Online. However, we won’t be able to provide you a specific account to categorize the transaction. It’d be best to consult your accountant about this.
Here’s how to record the credit card credit:
- Click the + New button and select Credit Card Credit.
- Enter the details such as the Payee, the Bank/Credit account, and the Payment date.
- Go to the Category details and select the correct expense account in the CATEGORY column.
- Enter the amount and other details.
- Click Save and close.
Again, I’d recommend consulting your accountant. They know what’s best for you and your books.
Let me know if you need anything else. Have a great day!
Resolution for Issue 'How do I record or categorize a courtesy credit on my credit card given by the issuing bank to apply to any outstanding balance or future expenses?' available: Yes (Solved).
Source: Intuit Community forum.
How do I record or categorize a courtesy credit on my credit card given by the issuing bank to apply to any outstanding balance or future expenses?: this issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the issue yourself by looking for a resolution described below. If it is a complex issue or you are unable to solve the issue, you may contact us by clicking here or by using other support options.Support for Banking
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