Chris:

I would suggest if this Visa is used for business to set it up as a credit card in Sage. Once that is done then the charges can be entered in the payables section as you enter other purchases with one exception. Instead of pay later or cash or cheque you would use the Visa credit card method of payment.

For accounts to use for consulting, use accounting & legal 5610 and for restaurant expenses use travel & entertainment 5785.

I would not use a general journal transaction to post Visa card transactions.

I hope this helps!

Chris:

I would suggest if this Visa is used for business to set it up as a credit card in Sage. Once that is done then the charges can be entered in the payables section as you enter other purchases with one exception. Instead of pay later or cash or cheque you would use the Visa credit card method of payment.

For accounts to use for consulting, use accounting & legal 5610 and for restaurant expenses use travel & entertainment 5785.

I would not use a general journal transaction to post Visa card transactions.

I hope this helps!

Thank you!

What about personla restaurant expenses. I would use the owners draw account. It that always right?