Our organization uses a set of a half dozen credit cards assigned to specific employees for periodic business purchases. In a typical month, each card may accumulate a half dozen charges.
Using the old fashioned manual method, here's what I do for each card:
I click on Banking | Record CC Charges | Enter CC charges. On the resulting screen, and using data from either the CC provider's on-line statement or hard copy statement I select and enter the vendor from my QB vendor file, enter the transaction date, the amount and the appropriate account to charge the purchase.
Now if I were to let QB download the data from the CC provider, how could QB select the correct vendor, and how would it know which account to debit? Is there a step in which I make the choices during the download?
I guess what I'm asking is whether there's any real saving to using the QB download