How to record a card purchase on QuickBooks / Xero using Venn "Accounting"?

You may record card purchases you've made using your Venn Mastercard in a few ways depending on the needs of your bookkeeping.

Recognize card purchases as a Direct Expense (no bill created)

Note: You need to have created an Expense ledger account on QuickBooks / Xero.

Step 1: Go to Venn "Accounting"

Step 2: Select the appropriate expense account to categorize the card purchase transaction

Step 3: Select "Sync"

Recognize card purchases as an Bill Expense Paid

Note: You need to have created a Bill and an Expense ledger account on QuickBooks / Xero.

Step 1: Go to Venn "Accounting"

Step 2: Select appropriate expense account to categorize the card purchase transaction

Step 3: Select “Existing bill” since the bill was imported from a vendor already created in QuickBooks or Xero

Step 4: Select the specific vendor the bill was originally imported from