Magaya Software Accounting Manual

WRITING CHECKS
If you pay expenses with a credit card, enter the information as shown:
Note: In order to pay with a credit card, you must have a credit card account set
up in the Chart of Accounts.
Select the credit card from the “Bank Account” dropdown.
Use this method when you do not have a bill; for example, you went to Office
Depot, bought office supplies, and paid for them with a credit card. When you
return to work, you update your Magaya Explorer with the transaction.
When the credit card statement arrives in the mail and you need to pay it, use
this same method: Check to Expense. Select the bank account you want to use
to pay it, and select the credit card company as the “Pay to the order of”. When
you add the item in the dialog box, the Account Name will be the credit card.
This transaction creates a record of what you paid and what account it went to.
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