When Wave connects to your bank, the amount of past transactions we can get is limited by what your bank allows. With most banks, it will be something between 6 and 12 weeks.
This article explains how you can use a manual import to pick up the older transactions that your bank did not pass through to us, or to fill in any other gaps in your bank data.
- Make sure you first connect your bank or credit card account to Wave, and import as much as your bank will allow. (Learn more about connecting.) To do this, click Banking from any screen, and then select Bank Connections.
- Go to your Transactions screen and make a note of the date on the earliest transaction. (The transaction furthest into the past.)
- Go to your online banking site, and download an electronic statement into one of these formats:
- Microsoft Money (.OFX)
- QuickBooks (.QBO)
- Quicken (.QFX)
- Simply Accounting (.ASO)
If your bank doesn't support any of these formats, it may offer 'Spreadsheet' or 'CSV' format. Wave can import these formats too, but the process is more prone to errors and requires more effort, so please try to use one of the formats listed above.
If possible, choose to download transactions that occurred only BEFORE the earliest transaction that Wave imported (the date you noted in step 2).
- Log into Wave and select Accounting > Transactions in the left navigation screen. Click on Upload a bank statement (located in the top right of your screen) and follow the easy instructions. All the transactions you want should now be in Wave.
Please note: Importing old transactions can mess up the account balance shown on your Balance Sheet. Refer to the articles below for how to adjust your balances appropriately.