Hi guys,
Can someone please help me understand the way to correctly label certain activities that I am labeling incorrectly.
If I make a payment to EDGARS for example, it shows up on my INCOME under budget. If I pay my Credit Card it shows as INCOME under CREDIT.
What is the correct way in doing this?
Comments
Hi Francois,
I hope you are well :)
Payments into credit card type accounts should be marked as transfers, so that you can accurately track your actual expenses.
I hope this helps!
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