How To Add Credit Card Payment Interest In QuickBooks

If you add interest on your credit card, you need to record it in a Quickbooks file to accurately maintain the records. Such expenses are counted in the interest expense account. This account allows you to gain info about the interest expenses that you pay on a monthly basis. Moreover, to prevent interest expenses, you need to pay credit card every month. Usually,the Quickbooks standard chart of accounts include an expense account. If you wish to add an account.....