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We run our business on a cash basis. &nbsp;We are confused how to show in the register a credit card payment when we they just draft our account and there is no check involved.<br />
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With QuickBooks it looks like we have to have a credit card liability account. &nbsp;Doing it that way won't work for us.<br />
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So, how do we reflect our credit card payments and tax payments that both use Electronic Funds Transfer. &nbsp;Also, if you know any place I can read more about QuickBooks on a cash basis that would be helpful.
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We run our business on a cash basis.  We are confused how to show in the register a credit card payment when we they just draft our account and there is no check involved.

With QuickBooks it looks like we have to have a credit card liability account.  Doing it that way won't work for us.

So, how do we reflect our credit card payments and tax payments that both use Electronic Funds Transfer.  Also, if you know any place I can read more about QuickBooks on a cash basis that would be helpful.

Quickbooks Pro 2012 on Cash Basis

QuickBooks is an accounting software package geared mainly toward small and medium-sized businesses and offers on-premises accounting applications as well as cloud based versions that accept business payments, manage and pay bills, and payroll functions. QuickBooks includes remote access capabilities, remote payroll assistance and outsourcing, electronic payment functions, online banking and reconciliation, mapping features through integration, improved e-mail functionality, import from Excel spreadsheets, employee time tracking options, pre-authorization of electronic funds and new Help functions.

QuickBooks

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