Buildium - Need help managing credit card account
I've found a couple very old posts on this but would appreciate feedback from any current Buildium users that use credit cards for expenses. Buildium help suggests setting up a bank account and running it with a negative balance. This works for recording expenses but screws up my balance sheet reporting. My idea for an alternative is to use Bill Pay and just register the CC payment by transferring from the checking account and writing a "check" from the CC account for all the bills paid in that period.
Before I get too far down the road with this, I'd appreciate any feedback on possible issues with Option 2 or alternative solutions. Thanks!
In the same boat. Just getting credit cards into Buildium and mind is currently blown at how bad this works. Not even sure I correctly understand the workaround when it comes to making sure things get billed to properties.