Credit card company in VTT+

I set up a bank account called "credit card" and deal with it that way.  Very simple.

Which reminds me - I have my own default templates anyway which I've tweaked from the standard ones. EG on limited companies I allow for multiple share classes, I don't think there's a default expense account in the standard set for computer expenses but print, potage and stationery are split, which seems overkill. I like to show separate expense accounts for depreciation on different asset classes which the standard layout doesn't do.  I must change them to delete the pre-loaded Credit Card suplier account and set it up as a standard bank account. It's one of the few things I didn't think about when I changed them, so this post was a timely reminder.

I do the same as taxhound and miketombs, and delete the default supplier account.

Why is that all accounting software fails to understand fundamental accounting?

What is the problem – the cr card is a simple supplier like any other. Why chimp about with some special category as though there is some magic status for a credit card. What is the difference from buying stuff at Jewson’s, and sending them a cheque once a month, or them d.debiting your bank? It is same as a cr card account, they are just suppliers.

And i suspect a proper auditor would refuse it the status of 'bank account' because it is not