Yes, Accountable fully supports expenses paid by credit card or any other payment method. The process is the same as for cash expenses.
This article walks you through the three steps to record a credit card expense correctly.
1. How do you create the expense and attach the proof?
Add the expense from the Expenses screen using the + button, or from the Bank Account screen. Attach the receipt when you have it.
2. How do you link it to your credit card statement?
In the lower part of the screen, tap Link payment and select the credit card option from the list.
3. What happens at the end of the month?
Accountable compares all your credit card expenses against the total amount you paid on your credit card statement. If the amounts do not match, you can link individual expenses to the credit card bank transaction manually.
A more integrated solution for credit card reconciliation is in progress. Stay tuned 😉
Key takeaways
Accountable supports expenses paid by credit card and any other payment method.
Attach your receipt when adding the expense for accurate tax calculations.
Use the Link payment option to flag an expense as a credit card payment.
At month end, Accountable matches your expenses to your credit card statement and lets you reconcile any differences manually.
Need help? Chat with us or email support@accountable.eu, we're happy to help.