PDFDrill detects whether a statement is from a bank account or a credit card, and checks it with the right rule:
- Bank account: opening balance + money in − money out = closing balance.
- Credit card: purchases, interest and fees increase what you owe; payments and refunds reduce it. Opening amount owed − payments + charges = closing amount owed.
If the detected type is wrong, change it with Current type on the statement. That recalculates the balances and the signs used in exports. The transaction amounts themselves don't change.
A negative closing amount owed means the card is in credit: the issuer owes you.
When you import a credit card export into QuickBooks or Xero, upload it to a credit card account, not a bank account.