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How to categorize credit card rewards in QuickBooks Online
If you are a business owner or accountant, you may want to know how to categorize credit card rewards in QuickBooks in order to accurately track and report your business expenses. By categorizing credit card rewards in QuickBooks, you can ensure that your financial records are accurate and up-to-date, and that you are able to take advantage of any tax deductions or credits associated with the rewards. Additionally, categorizing credit card rewards in QuickBooks can help you better manage your cash flow and budgeting.
Grace Everwood
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QuickBooks
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Go to [https://quickbooks.intuit.com/](https://quickbooks.intuit.com/)
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Click "Banking"
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Select the bank account.
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Navigate to the transaction you want to categorize
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Click "Categorize"
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Click the "Select payee" field.
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Click the "Select category" field and select the income account.
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Select travel for Credit Card rewards for travel miles.
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Enter the description in the "Memo field".
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Click "Add"
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