Did I do this CC Cash Back correctly?
I have looked around the forums and found a couple answers so I want to make sure I did this right.
I had $413.31 cash back rewards on my credit card. I chose to use it as a statement credit. So I did:
1. Put it as an INFLOW transaction in the credit card account
2. Moved $413.31 from the budgeted credit card payment amount to TBB
Yes ?? TIA
Hey ebazm !
As Ben said, that sounds correct! You can double check that everything is a-okay by comparing the balance of your credit card account with the balance in your Credit Card Payment category. If you typically pay your card in full each month, those balances should match exactly (with the account balance being negative and the category balance being positive). Check it out and let me know what you see!