Debit Card

[pcu55303]

I tried searching the forum but each time I tried to search Debit Card it ignored debit and only showed results for "card".

We have a checking account with Wachovia and have a check card with that account. I am trying to figure out how to account for transactions using that card. So far I simply create a manual check and for the check number I write in Debit Card, it deducts money from the checking account and applies it to whatever vendor I am paying. Is that the easiest way or should there be a sub account under the main account to keep them separate?

Thank You.

[JohnDMeyers]

You are doing it correctly. I am assuming there are no fees involved. If there were, you would have to create an expense account for Debit Card fees.

When you say you are applying it to the vendor, I am also assuming that you mean you are Debiting an expense account. If so, then you are doing it correctly.