Note: In accounting, a credit card is considered a liability. With this in mind, this article will go over how to add an association credit card as a liability.

Step 1: Click on the budget tab on the left hand side.

Step 2: Click Edit Categories.

Step 3: Select the Liabilities Header.

Step 4: Click "+ Add Liability" on the right hand side.

Step 5: A pop up will appear. Fill in the Liability title, such as, Association Credit Card.

Step 6: Fill in the starting balance and balance as of date. You will want to put this amount and date based on how far back you would like to track the credit card. For example, if you wish to track the credit card for the current year, then you would make the starting date 12/31/xx of the prior year and the balance as of that date according to the credit card statement.

Step 7: Click Add Liability.

Your liability is now added and ready to manage! To learn how to manage your association credit card please see article titled How to Manage an Association Credit Card as a liability for Bookkeeping.