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    Cathyhan5555's Avatar
    Cathyhan5555 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Jan 17, 2017, 03:49 AM
    How to record a Credit card fee expense？
    Transation: Recorded credit card fee expense for $300. M50 (Debit credit card fee expense, and credit cash)

    1. Since it's a M, I thought I should put it on General Journal.
    However, when I get to post it, there is only 2 lines left for Cash ledger, and those two lines are for Cash Payment Journal's cash credit and Cash Receipt Journal's Cash debit. That means I can not put cash in General Journal.
    2. Therefore I tried to put it on Cash Payment Journal. However,on the CP journal, there is no space for Doc.number. Instead, they have check number on it. Therefore I am unable to put M50.

    So what should I do？And what's the account title?
    paraclete's Avatar
    paraclete Posts: 2,706, Reputation: 173
    Ultra Member
    		  
    #2

    Jan 23, 2017, 11:41 PM
    Can you change the cheque number to the transaction reference
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