Reconcile Credit Card Statements to Charges
This process allows reconciliation of each Credit Card account. Use the Bank Reconciliation process for the following steps.
When the Credit Card statement comes, select the credit card account and click "Add Bank Reconciliation".
Using the credit card statement through date, select the Statement Date. Choose 
to save the reconciliation header.
to save the reconciliation header.
The Credits- Checks, Payments tab will display all charges and finance charges to the Credit Card. Verify the items listed here against items on the statement and populate the items. If an item is on the statement, but not in this list, someone either used the card without creating a payable or there could be fraudulent activity on the account.
After all items on the list are populated on the reconciliation;
1. Create a payable for any missed expenses and post on the correct days.
2. For finance charges, create a journal entry that will debit the credit card fees account and credit the credit card liability account.
3. For credits from the credit card company, debit the liability account and credit the expense account associated with the credit.
Go back into the reconciliation process and populate any additional payables and journal entries created in the last step.
Verify that the “Left to Clear” balance on the Reconciliation matches the balance on the statement.