Pay My Credit Card Balance

Introduction

If you’re keeping track of your credit cards in CosmoLex, you’ll want to know how to post payments when you pay your bill.

How to Post Payment

  1. Best Practice: Reconcile the Credit Card Statement using the reconciliation function in CosmoLex
  2. Create a Bank to Bank Transfer from your Operating Account to Credit Card Account (to learn more, see Bank to Bank Funds Transfer)
    1. Go to the Accounting Tab > Bank
    2. Click on the Action button on the top menu
    3. Select Bank to Bank Transfer
    4. Select Transfer Funds from Business/Operating Bank to Credit Card Bank
    5. Complete Transfer

Updated on July 10, 2018

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