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Credit card payment

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(Querist)
24 September 2011 many of customers amount paid through the credit card, how to maintain in tally the entry of payment through credit card
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CA Siddhartha Bhardwaj

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CA Siddhartha Bhardwaj (Expert)
24 September 2011 The amount received from customers by way of credit card is directly credited to the bank account of the entity.

So the entry will be:

Bank A/c Dr.
To Sales
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CA Pushpendra Gaur

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CA Pushpendra Gaur (Expert)
29 September 2011 Yes Siddharth is right , but i feel there should be seperate account for sale throuh credit card to have proper control
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