Add a new account or category

When you create a business, Wave sets up your Chart of Accounts page with common accounts based on the business type you selected during account setup. You can customize your chart of accounts by adding new accounts.

It’s not possible to add custom tabs, account types, or subaccounts to your chart of accounts.

Add a new account in a web browser

Add a new account in the Wave mobile app

Add a new account in a web browser

1. On the left-side menu, click Accounting > Chart of Accounts.
2. Click Add a New Account at the top right.
3. Select an Account Type from the dropdown. Learn more about account types in Overview of your Chart of Accounts page.
4. Fill in the details of the account type, name, and description.
5. Click Save.

Add a new account 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.

On the mobile app, you can add a new account or category when creating a new transaction or editing an existing transaction.

To create a new account from a transaction:

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 to create a new transaction. Or, tap on an existing transaction to view the details.
4. Tap Category to view a list of existing accounts, then tap the + icon at the top right to add a new account.