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The ACD Blog > 4 Easy Steps to Set Up Company Credit Cards in QuickBooks

If you are working with multiple credit cards that have one parent account, here is a setup option to make things much easier and cleaner for reconciliations.


  1. Open chart of accounts
  2. Create a parent credit card account
  3. Create a sub credit card account called main or parent sub account (this is used to enter or download transactions that post to the parent account)
  4. Create additional sub credit card accounts for each one you have

This is how it will look in Chart of Accounts:


This set up will allow you to reconcile your bank’s statement to the parent account since everything in your subaccounts roll up to the parent.

Notes: DO NOT CONNECT the parent account to the bank feed in order to download transactions; if you do, you’ll get an error. Only connect your bank feed to your subaccounts.

About the author


Raychel Marriott

QuickBooks Consultant & Trainer
Small Business Bookkeeping

  • QuickBooks setup, cleanup, and training
  • Full charge bookkeeping support:
    • Accounts Payable (vendor bills and payments)
    • Accounts Receivable (customer invoices, payment and collection)
    • Bank, Credit Card, and Cash Reconciliations
    • Benefits Administration and New Hire On-Boarding (
    • Payroll and L&I Filing (using a payroll service provider)
    • Journal Entries and Adjustments
    • Expense Report and Reimbursement Processing
    • B&O Tax Filings with Department of Revenue
    • 1099-misc filing (year end)
    • QuickBooks® Software Set Up , Upgrade, and/or Removal
    • 3rd Party Software Discovery and Integrations (i.e., dropbox,, expense report solutions)
    • Troubleshoot transaction discrepancies
    • Customize Form Templates (i.e. Estimates, Invoices, Statements, or Sales Receipts)
    • Create Customized QuickBooks Reports
    • Streamline Tasks to Improve Efficiency
    • Create Paperless Filing Systems using Cloud based storage (i.e., Dropbox, and Google Drive)
    • Work with your CPA or Tax Professional as needed