Module 7 – Managing Credit Card Transactions

In GnuCash, a credit card account is used to track your credit card receipts, monitor your spending, and reconcile your credit card statements. More specifically, a credit card account in GnuCash is a type of liability account because credit cards represent a short-term loan that you are obligated to repay to the credit card company.

This module explores how GnuCash handles credit card transactions through its dedicated Liability-type accounts, empowering users to monitor purchases, refunds, payments, and reconciliation with clarity and control. A credit card account in GnuCash behaves much like a short-term loan—tracking money borrowed for business expenses until it’s paid off

By the end of this module, learners will understand how to fully utilize GnuCash’s credit card tools to stay on top of expenses, prevent missed payments, and maintain clean financial documentation.