Intro – Credit Cards #
Acci.cloud allows you track credit card expenses by card and also the corporate card. The employee corporate credit card allows employees to make purchases without using their own money and provides the company with greater control and visibility over spending.
In order to do that you need to create a credit card record, link it to dedicated credit card account and assign it to an employee (optional). Once the setup is complete, you can record expense through Credit Card Charges and pay the card merchant with Credit Card Payments.
Prerequisite #
Before you create a new credit card record, you need to set up a dedicated credit card account for it, as each account can only link to one card. We recommend making this a sub-account under the card merchant’s parent account. This will simplify reconciliation, as you’ll only need to reconcile the parent account.
- 2210 – Visa
- 2210.2560 – Visa x2560
- 2210.7144 – Visa x7144
Create a New Credit Card #
- Go to Bank / Credit Card on the left sidebar, and select Credit Cards
- Click Add New button.
- Fill in the following fields
- Card Name: It’s a good idea to include the last four digits of the credit card number in the card name. This can be helpful for easy identification.
- Card Number: Enter credit card number.
- Merchant: Select merchant from dropdown list.
- Credit Card Account: Select a credit card account to link to this card. Note that each account can only be linked to one card.
- Currency: Default is your home currency.
- Bank Name: optional
- Card Owner / Employee: Assign the card to an employee. (optional)
- Description: It is up to 300 characters.
- Click Save
