Small Business tax, accounting, quickbooks management resources, tips and updates.
Sunday, May 27, 2012
Accounting Tip: Recording Credit Card Purchase
If you accept credit cards for
payments you will also need
to monitor and record these transactions.
No deposit slip is prepared for this type of transaction.
These receipts are directly
deposited into your account and you need to provide procedures for
recording and tracking these "special" receipts.
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