Expenses appear twice after paying a credit card

If you use a credit card for business purchases, Sage records the expenses when they appear on the credit card account.

If you later record the credit card payment as an expense from your bank account, Sage records the same expense twice.

This causes your Profit and Loss report to show higher expenses than expected.

Record the credit card payment as a transfer instead of an expense.

1. Create a transfer out of your business bank account.
2. Create a matching transfer into your credit card account.
3. Use the same payment amount for both transfers.

The business expenses remain on the credit card account.

The transfer moves money between accounts without creating another expense.

Your Profit and Loss report shows the correct expense total.