Some people call it “accounting.” Some call it “bookkeeping.” Whatever you call it, we’ve created a way for you to get the job done – no technical knowledge or training required.
When you look at a line in your bank statement, are you able to say: “I remember this purchase at Office Depot: I bought office supplies, and I paid by credit card”? If so, then you have what it takes to do your accounting/bookkeeping in Wave.
The core task is what we call “categorizing your transactions.” You categorize transactions anytime money comes into your business (i.e., you get paid), or money goes out (you buy something), or money moves around between accounts (you transfer money from checking to savings). Easy-peasy.
You do all of this on your Transactions page which is located under the Accounting heading on the left-hand menu.
For all the details on importing, categorizing, and managing your transactions in Wave, click View original article below.