Why do journal transactions appear on the transactions page?

Use journal transactions to make an adjustment to your accounts in Wave. Journal transactions you create will appear on your transactions page.

The transactions page in Wave is intended to reflect your bank statement. If you manually enter a transaction, it should be a transaction that is appears on your bank statement. Or, you can use a journal transaction to make an adjustment so your account is up to date with your bank statement. This also makes it possible to reconcile your accounts.

What does a journal transaction look like?

 Let's say you have a Journal transaction. In this example, it's money you received for your business from a line of credit. 

journal_transaction.png

 

On the Transactions page, you will see the two transactions: 

A few things to know: 

  • Under Show details, the only option will be to Edit journal transaction.  This will redirect you to the edit page of the journal transaction. 
  • The Category will always be shown as Journal transaction so you can easily identify which transactions were entered from the Journal transaction page. 
  • The currency of the transactions will always be your business currency.
  • You can still Verify these transactions. You cannot delete, categorize, or merge a journal transaction. 

Let's say you have a Journal transaction. In this example, it's money you received for your business from a line of credit. 

 

On the Transactions page, you will see one transaction.

A few things to know: 

  • The Category will always be shown as Journal transaction so you can easily identify which transactions were entered as a Journal transaction. 
  • The currency of the transactions will always be your in your business currency. 
  • You cannot categorize or merge a journal transaction.