Create an expense transaction

Create an expense transaction in your web browser

Create an expense transaction in the Wave mobile app

Create an expense transaction in your web browser

  1. On the left-side menu, click Accounting > Transactions.
  2. Click Add Expense at the top of the page.
  3. Enter the date, description, and amount inclusive of sales taxes if applicable.
  4. Click the Account dropdown, and select the account the funds are withdrawn from.
  5. Click the Category dropdown and select the expense account. To add a new category, select Add a new category at the bottom of the dropdown menu.
  6. To add a sales tax, click Include sales tax, then select a tax from the drop-down menu. To add additional sales taxes, click Apply another tax. Learn to create a new sales tax from the Transactions page in your web browser.
  7. Click Save.

To account for subscriptions, create custom expense accounts to track each subscription separately. Learn more about how to account for subscriptions.

Create an expense transaction in the Wave mobile app

Accounting transactions in the mobile app are included in Wave’s Pro and Receipts Plans. Learn about Wave’s plans.

  1. Log in to the Wave mobile app.
  2. Tap Accounting on the bottom menu, then tap Transactions in the submenu.
  3. Tap the + icon at the top right.
  4. Select Add expense.
  5. Enter the date, description, and amount inclusive of sales taxes if applicable.
  6. Select the account the funds are withdrawn from.
  7. Tap Category and select an expense account. To add a new category, tap the + icon at the top right.
  8. To add a tax, tap Add sales tax.
  9. Tap Save.

To account for subscriptions, create custom expense accounts to track each subscription separately. Learn more about how to account for subscriptions.