Import transactions automatically by connecting a bank account

Connect a bank account

Remove a connected bank account

Turn transaction imports on or off for individual accounts

Connect a bank account

1. Log in to your Wave account at waveapps.com.
2. In the left navigation menu, click Banking > Connected Accounts.
3. Click Connect account.
4. Enter your bank or credit union’s name in the search bar, or if applicable select one from the banking options presented on the screen.
5. In the window that pops up select Continue, then enter the same login credentials you use to sign in to your online banking and click Submit.
6. If your financial institution asks additional security questions after you sign in, enter your answer(s) and continue.
7. If you have multiple accounts under the same financial institution, click the checkmark next to the account(s) you want to import transactions from.
8. Match the accounts you’re connecting to your Wave Chart of Accounts. For each account you connect, you’ll be asked to select an existing account from your Chart of Accounts to import transactions to. For example, if there is an existing Checking account created in Accounting > Chart of Accounts, you can select it to have your transactions import there.
   If you don’t want to import transactions an existing account, leave your selection blank. Wave will automatically create a new account for you.
9. Choose how far back you want to import your transactions. Depending on your bank, you may be able to import up to 18 months of transactions.
   Make your selection and click Save and continue.
   
10. Confirm the toggle is set to on for the accounts you want to connect. This ensures your transactions import automatically.

Transactions generally update every 24 hours, but this frequency is determined by your bank. Some banks may only make new data available every 3-5 business days.

Your transactions will be imported to Accounting > Transactions.

Remove a connected bank account

1. In the left navigation menu, click Banking > Connected Accounts.
2. Click the trash can icon next to the connection you want to remove.

Removing a bank connection will break the connection for all accounts associated with that bank, and all imports for those accounts will stop.

Any transaction data you’ve previously imported will remain after you remove a connected bank account.

Connected bank accounts used to fund Wave Payroll and/or to receive payouts for Wave Payments cannot be removed.
Connected bank accounts that are used to fund Wave Payroll and/or to receive payouts for Wave Payments cannot be removed. If you no longer want to import these transactions to Accounting, you can stop automatic imports by setting the account toggle to off.

Turn transaction imports on or off for individual accounts

If you have multiple accounts associated with a bank connection, you can turn imports on or off for each account individually.

1. In the left navigation menu, select Banking > Connected Accounts
2. Choose the account, and set the toggle to off to stop automatic transaction importing.
   Resume transaction imports by switching the toggle back on.