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Accounting for Credit Cards

Many businesses manage their account payables through credit cards today and recording the expenses incurred from those credit cards is important to help manage their operating expenses. In our 2.19 release we added a credit card payee look up field on the Account Payable line.

In Accounting Seed we recommend that you upload you credit card transactions into an Account Payable record each month and itemize the main expense items as individual Account Payable lines.

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