Credit Card Balance Calculated

Question

Hi!&nbsp;My Credit Card has possibly been setup incorrect on bank feeds by past accountant.&nbsp;The bank feed calculated balance is correct however the calculated balance increases throughout the year and then the accountant does a journal against it to balance.&nbsp;Eg. My CC balance is 4,500 and MYOB calculated Balance is 81,900&nbsp;Any help would be great.

lrbooks61 · Answer

Hi&nbsp;it sounds as though the payments against the credit card are not being shown?&nbsp;can you look at a report&nbsp;eg balance sheet report for the whole financial yearthen drill down into the credit card transactions&nbsp;&nbsp;see if there are payments recorded&nbsp;hope that helps&nbsp;Lisa

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Credit Card Balance Calculated

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